Overview
- President Donald Trump announced a forthcoming 25% tariff on European goods, accusing the EU of exploiting the US in trade relations.
- Trump described the European Union as having been 'designed to harm the United States,' citing a disputed $300 billion trade deficit.
- The president reiterated his stance that Ukraine should abandon its NATO aspirations, leaving security guarantees largely to Europe.
- Elon Musk attended the cabinet meeting as a senior advisor, advocating for government efficiency and defending recent federal workforce cuts.
- Trump also highlighted plans for 'gold cards,' a $5 million residency program aimed at attracting wealthy immigrants, including Russian oligarchs.