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EU calls for 'respect' after Trump threatens 50% tariffs

  • On May 23, 2025, President Donald Trump announced plans to impose a 50% tariff on imports from the European Union and a 25% tariff on Apple products, intensifying existing trade disputes.
  • This threat followed stalled trade talks, with the US demanding concessions from the EU to reduce a nearly €200 billion goods trade deficit.
  • The EU condemned the proposed tariffs, emphasizing a preference for negotiated solutions, while leaders warned of economic damage and prepared countermeasures valued at €95 billion.
  • Trump announced plans to impose a 50% duty on goods from the European Union beginning June 1, 2025, and cautioned that Apple could face a 25% tariff unless it shifts production of its iPhones to the United States.
  • Financial markets reacted with declines in major indices, and experts expressed skepticism about the tariffs’ enactment but agreed they increased uncertainty in transatlantic trade relations.
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On the one hand c? Donald Trump and the threat of unleashing against Europe a trade confrontation fought with 50% duties on US imports from the Old Continent....

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El Diario Montañes broke the news in on Friday, May 23, 2025.
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