"Laughable": Trump Threatens to Cut EU Trade Over Canada Ties President Trump's announcement that he plans to cut off trade ties with the European Union unless they agree to lower tariffs on American cars has been met with widespread skepticism.
The tariffs in question are largely a result of Canada's automotive regulations, which have long been a source of contention between the US and EU.
The relationship between the United States and European Union is complex and multifaceted.