$600 B from EU, a gift, not a loan

Basically, Trump wants the EU to give him and his government 600 billion dollars (around 520 billion euros) over the next three years. Otherwise, he says, he will impose a 35% tariff. He stated this in an interview with the financial television network CNBC yesterday. "They are going to give us 600 billion for us to invest in whatever we want. And that is a gift, not a loan," he said.

 

Trump renders tariff agreement with the EU null and void