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Trump recommends 50% tariff on European Union starting June 1

  • President Donald Trump announced a 50% tariff on imports from the European Union starting June 1, 2025, exempting products made in the U.S.
  • Trump made the tariff threat after stalled trade talks and citing a 'totally unacceptable' trade deficit between the U.S. And the EU's 27 members.
  • He specifically urged Apple CEO Tim Cook to move iPhone production for U.S. Sales back to America or face a 25% tariff, highlighting Asia-based manufacturing.
  • German Foreign Minister Johann Wadephul warned that tariffs would harm economic growth in both markets, while analysts doubt Apple can quickly shift manufacturing.
  • The tariff threat unsettled markets, caused stock declines, and underscored continuing trade tensions that may disrupt U.S.-EU relations and complicate business planning.
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Trump on Tariffs on EU Goods: Not Looking for a Deal

For weeks, the European Union and the US have been negotiating to avert high US tariffs. Now, the US President is threatening to impose tariffs of 50 percent - and at first, he does not show any distraction.

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  • 52% of the sources are Center
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The New Republic broke the news in on Friday, May 23, 2025.
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