Inside Trump’s 72-hour EU trade whiplash
- President Donald Trump surprised European officials by abruptly threatening to impose 50% tariffs on imports from the European Union starting June 1, 2025, effectively escalating tensions in ongoing trade disputes.
- The decision followed White House frustrations over slow trade talks with the EU, which top officials privately warned had become a major issue without explicit threats or new deadlines.
- US officials prepared to reject a recent EU term sheet aimed at easing tensions, reflecting doubts about the EU’s negotiation progress and its collective action challenges.
- Markets fell sharply after Trump’s Oval Office statement, fueling debate about whether his tariff threats are tactical or a firm intent, amid recognition that the reprieve period would end early.
- This triggered a six-week sprint for negotiators to reach a deal under Trump’s 90-day reciprocal tariff pause, with officials characterizing the EU as the toughest partner to resolve.
12 Articles
12 Articles
Trump's former chief of staff says Ireland should ditch EU and make a deal with US
Donald Trump’s former chief of staff has said Ireland should have struck a trade deal with the White House, which no longer sees the European Union as a “viable, long-term, trustworthy” trading partner, writes Sarah McGuinness. In an interview with the Irish Daily Mail, Mick Mulvaney shone a light on deep frustrations in the US with the EU, citing what the Republican Party views as a lack of direction and silos within the bloc. Mr Mulvaney, who …
Trump's former chief says Ireland should throw its lot in with US instead of EU
Trump’s former chief of staff has said Ireland should have struck a trade deal with the White House, which no longer sees the European Union as a ‘viable, long-term, trustworthy’ trading partner. In an interview with Extra.ie, Mick Mulvaney shone a light on deep frustrations in the US with the EU, citing what the Republican Party views as a lack of direction and silos within the bloc. Mr Mulvaney, who was Trump’s right-hand man during his first …
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