US Edition
Trump recommends 50% tariff on European Union starting June 1
- President Donald Trump recommended imposing a 50% tariff on imports from the European Union starting June 1, 2025, unless the products are made in the United States.
- This recommendation follows stalled trade negotiations with the EU, which Trump criticized as going nowhere and expressed frustration over ongoing large trade deficits.
- Trump also pressured Apple CEO Tim Cook to move iPhone production sold in the U.S. Back to the United States, threatening tariffs on imports made in India or elsewhere.
- German officials and economists, including Foreign Minister Johann Wadephul and Marcel Fratscher, warned that such tariffs would harm both economies and called the EU strategy a total failure, while experts suggested the tariffs may be negotiating tactics.
- The tariff threat has unsettled markets, triggered stock declines in the U.S. And Europe, and raised concerns about increased costs for consumers and companies amid uncertain trade policies.
675 Articles
675 Articles
New Hampshire Union Leader
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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