BREAKING: Trump to impose tariffs on EU products

The United States President, Donald Trump, has renewed his threat to impose tariffs on European Union (EU) products.

Trump, who spoke at the White House on Friday, accused the bloc of unfair trade practices.

The president said he would “absolutely” introduce tariffs on EU goods.

He said the U.S. was being treated “terribly”, arguing that European markets largely shut out American exports.

“They don’t take our cars, they don’t take our farm products essentially, they don’t take almost anything,” he said.

Trump pointed to the large trade deficit between the U.S. and the EU and promised to take “substantial” action against the bloc.

During his election campaign, the president mentioned plans to introduce new tariffs of 10 percent to 20 percent on imports from the EU, saying they would boost domestic industries and address the trade deficit.