‘Tariffs Are Great’: Trump Triumphant As Trade Battles Escalate

Adam Scotti/Prime Minister's Office

Saagar Enjeti White House Correspondent
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President Donald Trump hailed the use of tariffs as a retaliatory trade measure as ongoing tensions escalate with the EU, China, and NAFTA.

Trump’s tweets come just one day before EU President Jean-Claude Juncker will visit the White House in a bid to head off more tariffs.

Trump has remained defiant in his position that tariffs are a useful tool in bringing countries to the negotiating table and maintains that he is willing to drop tariffs if other countries remove their own trade barriers.

Trump is currently considering a 20-percent tariff on EU-made cars in U.S. markets and would affect nearly 50 billion dollars in exports.