Most Read

Top stories

Trump Just Made the Most Cringeworthy Tariff Joke in Front of EU Leaders and People Were Visibly Terrified

So not funny.

Trump Just Made the Most Cringeworthy Tariff Joke in Front of EU Leaders and People Were Visibly Terrified
CNBC

On Friday afternoon, President Donald Trump put aside his past beef with the European Union to boost exports of literal beef to its countries.

Surrounded by American beef workers and European trade officials, Trump signed the deal to triple United States beef exports from $150 million to $420 million.


After triumphantly posing for pictures with the deal, Trump suddenly took the microphone again to make an announcement.

"We're working on a deal where the European Union will agree to pay a 25% tariff on all Mercedes-Benzes, BMWs coming into our nation," Trump said, "So we appreciate that."

Trump then announced he was just joking.

"I'm only kidding. They started to get a little bit worried."

Watch below:

Trump threatened earlier this year to slap tariffs onto European automobiles and their parts, leading some to fear that the EU would introduce retaliatory tariffs as it did with steel and aluminum in 2018.

Considering the tensions ignited by earlier European Union tariffs imposed by Trump, few people were laughing.

Some observed that the "joke" may not be a joke at all, but a veiled threat.

In fact, after the meeting, Trump told reporters that auto tariffs are still on the table.