Trump recommends 50% tariff on European Union starting June 1
- On May 24, 2025, President Donald Trump announced on social media that he recommends imposing a 50% tariff on European Union imports starting June 1.
- Trump made this threat amid stalled trade talks with the EU, frustration over slow negotiations, and ongoing pressure on companies like Apple to move production to the U.S.
- Following the announcement, U.S. Stock indexes fell, with the S&P 500 dropping as much as 1.3%, while European markets also declined, including France’s CAC 40 down 1.7%.
- Trump warned Apple must pay a 25% tariff unless it relocates iPhone production to the U.S., and Walmart's CEO said ongoing tariffs would pressure profitability if maintained.
- The tariff threat has increased market uncertainty and could slow U.S. Economic growth if implemented, while analysts note continued volatility and unclear timing of trade outcomes.
641 Articles
641 Articles


Trump threatens new tariffs on European Union, Apple, reigniting trade fears
President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he
BBC World Service - Newshour, Trump threatens 50% tariffs on EU and 25% on iPhones
The warning against the EU came just hours before the two sides were set to have trade talks. Trump last month announced a 20% tariff on most EU goods, but had halved it to 10% until 8 July to allow time for talks. Also on the programme: A US judge has suspended the Trump administration's decision to block Harvard University from enrolling foreign students; and Sebastião Salgado, regarded as one of the world's greatest documentary photographers,…
Trump ‘not looking for a deal’ to avert 50 percent EU tariffs
President Trump is “not looking for a deal” with the European Union after vowing to impose 50 percent tariffs on goods from the bloc, he told reporters at the White House after Treasury Secretary Scott Bessent said the threat stemmed from EU officials’ failure to negotiate “in good faith.” “I'm not looking for a deal. I mean, we've set the deal. It's at 50 percent,” Trump said in response to a reporter’s question during a May 23 Oval Office even…
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