Republican U.S. presidential candidate Donald Trump warned on Tuesday that the European Union would “pay a big price” for not purchasing enough American exports if he wins the upcoming election on Nov. 5.
“I’ll tell you what, the European Union sounds so nice, so lovely, right? All the nice European little countries that get together,” Trump said at a rally in Pennsylvania, a key battleground state. He then promised to push through the “Trump Reciprocal Trade Act.”
“They don’t take our cars. They don’t take our farm products. They sell millions and millions of cars in the United States. No, no, no, they are going to have to pay a big price,” he added.
Trump has also pledged to impose a 10% tariff on imports from all countries and a steep 60% tariff on imports from China. Economists warn these tariffs could disrupt global supply chains, spark retaliatory measures, and raise costs for U.S. consumers.
Trump’s remarks have raised concerns beyond Europe, particularly in Taiwan. He suggested Taiwan should compensate the United States for its defense and criticized it for “taking America’s semiconductor business.” Despite the absence of formal diplomatic ties, the U.S. is legally obligated to provide Taiwan, claimed by China, with defensive means.
Meanwhile, Democrat Kamala Harris addressed a massive crowd in Washington, delivering what her campaign called her closing argument before the Nov. 5 election.
At her largest rally yet, Harris warned the audience about Trump’s intentions if he wins the presidency. “This is someone who is unstable, obsessed with revenge, consumed with grievance, and out for unchecked power,” Harris said, framing the race as a critical decision on democratic governance.