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#Trump calling the #trade deficit a “national emergency” that threatens US #security, lays out his *legal* argument for his actions.

“They rip us off,”Trump says of the #EU, announcing a 20% #tariff on the 27-nation bloc.

Trump holds a chart showing reciprocal tariff rates for US trading partners & says he will charge half of that much? There is no explanation for the calculations that he is using to justify the #tariffs. Likely because they’re arbitrary revenge tactics.