Pakistan, Jan. 23 -- President Donald Trump relaunched a trade war against Europe on Wednesday, threatening to hit the EU with damaging auto tariffs if Europeans fail to agree a long-delayed trade deal.
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"The European Union is tougher to deal with than anybody. They've taken advantage of our country for many years." Trump told Fox Business News on the sidelines of the World Economic Forum in Davos.
"Ultimately, it will be very easy, because if we can't make a deal, we'll have to put 25% tariffs on their cars," he said.
Trump said his attention will turn to Europe, after he sealed a trade truce with China after several years of a trade war that destabilized the world economy.
"I wan...