President Donald Trump confirmed on Sunday evening that he intends to impose tariffs on goods from the European Union and possibly also from the United Kingdom. "The European Union has taken advantage of us,

U.S. President Donald Trump said trade tariffs would be imposed on the European Union and U.K., but he signaled that a deal could be worked out with Britain.

Donald Trump stepped up his threats against the European Union by declaring its trade deficit with the US was "an atrocity". The US President is threatening to slap tariffs on goods imported into America from EU countries, pushing up prices for US consumers but potentially costing EU economies billions.