Europe is strong enough to pursue its own interests in trade talks with the United States, German Chancellor Olaf Scholz said on Monday after a meeting with fellow EU leaders.

Trump said he would speak Monday morning with the leaders of Mexico and Canada after imposing 25% tariffs on the two North American countries. Meanwhile, Trump also said in a separate statement that Washington would cut funding to South Africa until it conducts an "investigation" into alleged mistreatment of "certain classes of people.

German Chancellor, Olaf Scholz, says Europe is strong enough to pursue its own interests in trade talks with the United States. Scholz made this statement on Monday after a meeting with fellow EU leaders.