Trump threatens 25% auto tariff if no EU trade deal

News Image

MG News | January 22, 2020 at 04:44 PM GMT+05:00

0:00

January 22, 2020: US President Donald Trump relaunched a major trade offensive against Europe on Wednesday, threatening to hit the EU with damaging auto tariffs if Europeans failed to agree a long-delayed trade deal.

"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 percent tariffs on their cars," he added.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 167,400.01
121.13M
0.67%
1116.46
ALLSHR 101,418.25
411.03M
0.67%
675.19
KSE30 50,889.16
70.01M
0.81%
407.30
KMI30 239,909.81
81.24M
0.76%
1817.77
KMIALLSHR 66,085.34
204.95M
0.71%
467.88
BKTi 45,476.99
17.66M
0.88%
395.51
OGTi 33,406.51
6.91M
0.99%
325.84
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 92,580.00 92,995.00
92,185.00
-260.00
-0.28%
BRENT CRUDE 63.25 63.33
63.06
-0.01
-0.02%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
-0.45
-0.49%
ROTTERDAM COAL MONTHLY 97.00 97.90
97.00
-1.50
-1.52%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 59.59 59.74
59.42
-0.08
-0.13%
SUGAR #11 WORLD 14.91 15.00
14.78
-0.02
-0.13%

Chart of the Day


Latest News
December 05, 2025 at 12:15 PM GMT+05:00

BlueEx becomes first GEM firm to join PSX ready board


December 05, 2025 at 11:33 AM GMT+05:00

Service Long March Tyres plans IPO to list on PSX


December 05, 2025 at 11:27 AM GMT+05:00

China sets sights on higher-efficiency use of renewable energy


December 05, 2025 at 11:12 AM GMT+05:00

Pakistan, Kyrgyzstan sign 11 MoUs to boost trade, connectivity



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg