Trump: tariffs will be done in a "loving way"
Trump shakes hands with Swedish Prime Minister Stefan Löfven. Photo: Andrew Harrer-Pool / Getty Images
President Trump on Tuesday reaffirmed his plans to place tariffs on steel and aluminum, despite pushback from Republicans, industry leaders and threats of retaliation from European Union. He made the announcement during a White House press conference with Swedish Prime Minister Stefan Löfven.
What they said: Trump said the country has been taken advantage of and mistreated, and the European Union "makes it almost impossible" to do business with them. He later said, 'Trade wars aren't so bad." Meanwhile, Löfven warned that "increased tariffs will hurt all of us in the long run."