Trump threatens Europe with tariff increases if he does not invest $600 billion in the US

2025-08-05 19:49:15Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Trump threatens Europe with tariff increases if he does not invest $600 billion
U.S. President Donald Trump

A controversial investment pledge that is part of the EU-US trade deal will have to be respected by the EU or overall tariffs of 35% will be applied to the bloc, US President Donald Trump warned.

On Tuesday, President Trump was asked about the agreement he reached through a handshake with Commission President Ursula von der Leyen in Scotland on July 27 on CNBC's 'Squawk Box' by phone.

He supported the U.S. position, which was stated by a White House document of facts, and that the agreement included a promise for the EU to invest $600 billion in the U.S. economy by the end of its second term.

"This new investment is in addition to the over $100 billion that EU companies already invest in the United States every year," the factsheet after the deal said.

"It's not something that the EU, as a public authority, can guarantee, it's something based on the intent of private companies," a senior official said last week.

Asked in the Squawk Box how the US would react if this did not happen, Trump said that "then they would pay 35% tariffs".

Trump said the investment pledge was one of the reasons he had cut tariffs to an overall rate of 15%, so if it is not met, then the higher tariffs will come back into effect.


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