Tariffs, the text of Trump's letter to the EU
2' min read
2' min read
Here is the full text of Donald Trump's letter to Ursula von der Leyen threatening tariffs at 30% to the European Union from 1 August:
"Dear Madam President, It is a great honour for me to send you this letter, as it demonstrates the strength and commitment of our trade relations and the fact that the United States of America has agreed to continue to cooperate with the European Union, despite one of our largest trade deficits with you.
Nevertheless, we decided to go ahead, but only with a more balanced and fair COMMERCE.
Therefore, we invite you to participate in the extraordinary economy of the United States, by far the number one market in the world.
We have had years to discuss our trade relations with the European Union, and we have concluded that we must abandon these long-term, extensive and persistent trade deficits generated by yourtariff and non-tariff policies and your trade barriers.

