The EU is exposed at 35% prices if it does not pay its “gift” of $ 600 billion in the United States, says Trump

US President Donald Trump threatened the European Union (EU) with customs duties. In addition, of 35% on Tuesday if it did not respect its commitment to invest $ 600 billion in the United States.

Trump got along with the EU about ten days ago. In addition, in order to lower the customs tariffs he threatened to impose on European countries in exchange for investments of $ 250 billion per year over three years in American hydrocarbons.

Other investments of $ 600 billion in the United States are also planned in the agreement.

During an interview with CNBC. Furthermore, Trump said that the latter amount was a “gift” and that this money could be invested as he pleases.

“The details are that I can invest 600 billion in what I want, anything,” he said. Similarly, I can do what I want with eu exposed 35% prices if this money. ”

“They have cheated on us for years and it is now the time they pay us,” he added. It’s a gift, it’s not like a loan, you know. They gave us $ 600 billion and we can invest in where we want. ”

During the days following the announcement of the agreement. many experts wondered how the American president would make sure that the EU would respect his commitments in terms of investments.

The President of the Barack Obama former adviser for international relations. former York Times that many questions remained unanswered on this point.

“If a certain amount is not paid before a certain date, the customs prices eu exposed 35% prices if come back in place?” he asked.

The American president answered the question on Tuesday by indicating that if the agreement with the EU was not respected. customs duties would increase to 35%, reports The Guardian.

However. he did not give a detail as to the period granted to the EU so that it pays the amounts indicated to the agreement.