Washington, Feb. 27 -- US President Donald Trump has said that his administration has made a decision to impose 25 per cent tariffs on products from the European Union (EU), including cars and claimed that the EU -- a 27-country bloc -- was "formed to screw the US". "We have made a decision. We'll be announcing it very soon, and it'll be 25 per cent generally speaking, and that'll be on cars and all other things," Trump told reporters on Wednesday at a White House Cabinet meeting. The EU is the US's third largest trading partner alongside China.

Trump has said he will impose 25 per cent tariffs on the US's two largest trading partners, Canada and Mexico, next week. Trump claimed that the European Union has "taken advantage of" the United...