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Trump recommends 50% tariff on European Union starting June 1

  • President Donald Trump, a Republican, proposed imposing a 50% tariff on goods imported from the European Union beginning June 1, 2025.
  • Trump issued this threat over social media after becoming frustrated with stagnant trade talks and the EU's proposal to cut tariffs to zero.
  • He also threatened a 25% tariff on all smartphones made abroad, targeting Apple for producing iPhones outside the U.S., especially India and Asia.
  • The U.S. Runs a $54 billion trade deficit with the EU, which Trump called 'totally unacceptable,' while stocks fell after the announcement.
  • The tariffs could begin in early June but might be delayed if companies invest more in the U.S.; experts say tariffs may hurt economic relations and supply chains.
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hna.dehna.de
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Center

Trump on Tariffs on EU Goods: Not Looking for a Deal

For weeks, the European Union and the US have been negotiating to avert high US tariffs. Now, the US President is threatening to impose tariffs of 50 percent - and at first, he does not show any distraction.

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  • 52% of the sources are Center
52% Center
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The New Republic broke the news in on Friday, May 23, 2025.
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