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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.
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Inside Trump’s 72-hour EU trade whiplash

President Donald Trump stunned European officials and caught some of his own senior advisers off guard with his snap decision Friday to reignite his market-rattling trade war with the European Union.

·Atlanta, United States
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borsen.dk broke the news in on Tuesday, May 27, 2025.
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