In fresh warning, Trump says EU trades unfairly

London, Jan. 29: The European Union trades with America “very unfairly”, President Donald Trump said in an interview, warning that his many problems with Brussels “may morph into something very big”.

“The European Union has treated the United States very unfairly when it came to trade,” Trump told Britain's ITV channel in the interview that was conducted Thursday.

“I’ve had a lot of problems with ( the) European Union, and it may morph into something very big from that standpoint — from a trade standpoint.”

Trump delivered the warning during a wideranging interview on the sidelines of the World Economic Forum in Davos, where he took his “America First” agenda to the global business elite.

On Friday, he told the forum that his mantra “does not mean America alone” and hinted that the US could rejoin the TransPacific Partnership, a deal he withdrew from a year ago.

“We cannot get our product in. It's very, very tough. And yet, they send their product to us — no taxes, very little taxes. It’s very unfair,” Trump added.

“They're not the only one, by the way, and I could name many countries and places that do ( the same)... the European Union has been very, very unfair to the United States. And I think it will turn out to be very much to their detriment.”

The European Union said it would react “swiftly and appropriately” if Washington imposed trade curbs.

“The European Union stands ready to react swiftly and appropriately in case our exports are affected by any restrictive trade measures from the United States,” European Commission spokesman Margaritis Schinas said.