President Donald Trump is declaring that “Tariffs are the greatest!” and threatening to impose additional penalties on U.S. trading partners as he prepares for negotiations with European officials at the White House.
Trump is tweeting that trade partners need to either negotiate a “fair deal, or it gets hit with Tariffs. It’s as simple as that.”
The president writes that the U.S. is a ” ‘piggy bank’ that’s being robbed.” He notes that countries “that have treated us unfairly on trade for years” are coming to Washington to negotiate.
Trump is meeting with European Commission President Jean-Claude Juncker on Wednesday. The U.S. and European allies have been at odds over the president’s tariffs on steel imports and are meeting as the trade dispute threatens to spread to automobile production.