Trump recommends 50% tariff on European Union starting June 1
- President Donald Trump announced on May 23, 2025, via Truth Social that he plans to impose a 50% tariff on products coming from the European Union beginning June 1, 2025.
- Trump justified the tariff by citing a ‘‘totally unacceptable’’ U.S. Trade deficit with the EU’s 27 member states and criticized slow progress in trade talks.
- Trump specifically threatened Apple with at least a 25% tariff if iPhones sold in the U.S. Are not manufactured domestically, urging CEO Tim Cook to shift production from Asia to the U.S.
- German Foreign Minister Johann Wadephul called such tariffs harmful, saying ‘‘tariffs help no one’’ and would hurt economic development in both markets, while analysts doubt Apple can quickly relocate manufacturing.
- Markets reacted negatively with European indexes dropping over 2%, and U.S. Stocks falling after Trump’s posts, raising concerns about a potential worsening of trade tensions and economic consequences.
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697 Articles
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…
Apple becomes Trump's latest target in trade war, threatens 25% on iPhones
President Trump threatened Apple CEO Tim Cook with a 25% tariff on iPhones unless the company makes them in the U.S. He also threatened to impose a 50% tariff on the European Union. NBC News' Christine Romans joins Katy Tur to report the latest on the trade war.
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