We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
The US President took aim at Brussels, saying America was in “tremendous economic competition” with Europe, which has “never treated us well”. Speaking during a press conference in the Rose Garden of the White House, he said: “Don’t forget we’re in competition with China, and with many other countries throughout the world.
“We’re in tremendous economic competition, including Europe, which has never treated us well.
“The European Union was formed in order to take advantage of the United States.
“They formed, and they take advantage of the United States.
“And I know that, and they know I know that, but other Presidents had no idea.”
The EU was created in the wake of the Second World War in order to foster economic cooperation and to prevent further conflict between European countries.
The union traces its origins back to the European Coal and Steel Community, which was established in 1951 as way to integrate coal and steel industries.
In 1958 the European Economic Community (EEC) was formed in a bid to improve cooperation between Belgium, Germany, France, Italy, Luxembourg and the Netherlands.
The EEC changed its name to the European Union (EU) in 1993 to reflect its growing involvement in policy areas such as development aid and the environment.
This is not the first time Mr Trump, an outspoken critic of the EU and Brexit supporter, has accused the Union of being formed to “take advantage of the United States”.
China lashes out at UK for Huawei ban [INSIGHT]
Ivanka Trump faces backlash as President claims she created 14m jobs [INFO]
China hits back at Trump’s coronavirus claim with dire warning [WARNING]
In previous comments he said the EU had done a “brilliant” job of doing so but said it’s “not right”.
Mr Trump went on to say he has exposed the EU.
Speaking at the conference, he said: “The US can’t continue to keep losing that kind of money that they’ve lost, literally since the formation of the Union.”
Mr Trump’s hostility towards the bloc comes amid a trade conflict with Brussels, which started in March 2018 when the President announced he would hike tariffs on steel and aluminium.
The move hit steel with 25 percent and aluminium with 10 percent, leading EU figures to hit back with a furious response.
The then-European Commission president Jean-Claude Juncker promised a firm reaction as Brussels prepared for hefty economic hits.
Most recently, tensions reached boiling point when the EU excluded the US from their ‘safe’ travel list from as coronavirus lockdown restrictions continue to ease across the Continent.
Politicians in Brussels cite the US Government’s failure to keep a lid on the virus as a reason behind the possible ban.
US President Donald Trump has come under fire for his handling of the outbreak which has killed more than 138,000 Americans and infected more than 3.48 million.
Source: Read Full Article