Carlos Barria / Reuters
Donald Trump has congratulated himself for slapping trade tariffs on China, Canada, and European allies. In his early Tuesday morning tweet, the president said: “Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that - and everybody’s talking! Remember, we are the ‘piggy bank’ that’s being robbed. All will be Great!” Last week, Trump threatened to put tariffs on all $500 billion in Chinese goods that are imported into the U.S.—China has described Trump’s aggressive policies as “the biggest trade war in economic history.” Earlier Tuesday, Germany’s foreign trade minister said the EU would not bend to Trump’s trade threats, adding: “We in Europe must stick together... I hope that we succeed in resolving this via consensus, but we will not be threatened and climb down so easily.”