Inside Trade

November 4, 2025

In first Cabinet session, Trump says 25 percent EU tariffs coming ‘very soon’

By David LaRoss  / February 26, 2025 at 3:53 PM
President Trump on Wednesday said he plans to impose 25 percent tariffs on imports from the European Union “very soon,” while doubling down during his first Cabinet meeting on threats to enact similar duties on Canada and Mexico if they do not satisfy the administration’s demands for tighter border security measures by next week. In response to a reporter’s question on EU tariffs at the Feb. 26 meeting , Trump said “we have made a decision -- we’ll be announcing...

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