US EditionTrump recommends 50% tariff on European Union starting June 1
- President Donald Trump proposed imposing a 50% tariff on goods imported from the European Union across the United States, effective June 1, 2025.
- Trump proposed tariffs after trade talks stalled, emphasizing that the U.S. Deficit of $236 billion in trade with the European Union's 27 countries is unacceptable.
- Trump specifically threatened Apple with a 25% tariff if it continues making iPhones abroad, pressuring the company to move production to the U.S. And criticizing its expansion in India.
- Analysts estimate that a U.S.-made iPhone's price could rise from $1,200 to between $1,500 and $3,500, while EU leaders warn tariffs would damage both economies and global trade.
- The tariff threat may be a negotiating tactic as Trump stated he is not seeking a deal but could delay tariffs if more companies invest in the U.S., intensifying uncertainty around trade relations.
698 Articles
698 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 may slap a 25% levy on all iPhones bought by U.S. consumers.
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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