EU calls for 'respect' after Trump threatens 50% tariffs
- On May 23, 2025, President Donald Trump announced plans to impose a 50% tariff on goods imported from the European Union starting June 1, 2025.
- The tariff threat occurred amid stalled EU-US trade talks where the US demands unilateral concessions to reduce the roughly $226 billion goods trade deficit and address non-tariff barriers.
- European leaders broadly supported the European Commission's call for negotiations based on mutual respect but prepared countermeasures targeting €95 billion worth of US goods if talks fail.
- Following Trump’s announcement, major US stock indices lost over 2% for the week, Apple shares dropped 3%, and Trump threatened a 25% tariff on iPhones not made in the US.
- This escalation underscores ongoing EU-US trade tensions that serve as pressure tactics in negotiations, though some experts doubt the 50% tariff will actually be implemented.
182 Articles
182 Articles
‘Four weeks to save Europe from all-out trade war with US’ – as fears grow over Irish pensions
There are “four weeks to save Europe from an all-out trade war” with the US, after President Donald Trump sent shockwaves across Europe with a new threat of rising tariffs to 50pc, sources close to the negotiations have told the Sunday Independent.
The EU Refuses to Submit to Donald Trump: Any Agreement with the US "Must Be Based on Respect, Not Threats"
Donald Trump's assertions, which says it will impose a 50% price for all goods from the Community block, "highered Maros Sefcovic's file" to him. Any potential trade agreement between Brussels and Washington should be based on "respect, not threats", replayed by the head of trade in the European Union, according to The Guardian.
Stocks Slump After Trump Raises Tensions With EU Tariff Threats - Worthy Christian News
By Brett Rowland | The Center Square (Worthy News) – U.S. markets declined Friday after President Donald Trump threatened a fresh wave of tariffs on imports from the European Union and on smartphones. The Dow fell 256.02 points, down 0.61%, while the S&P 500 dropped 39.19 points, or 0.67%. The tech-heavy Nasdaq fell 188.53 points, or 1% on Friday. Trump singled out iPhone maker Apple in a social media post Friday morning. Saying that the company…
Week of Decision: Does the EU Now Strike Back Against Trump?
For a long time, Europeans and Americans negotiated in the trade dispute on Friday evening. No result. The 50-percent customs hammer is approaching – and the first decision-makers are also demanding more toughness in Brussels.
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