Your Complete News View.
Published loading...Updated

Trump Talks of New Tariffs: 50% for EU, 25% for Foreign Made iPhones

  • President Donald Trump announced a 50% tariff on all European Union goods effective June 1, 2025, and threatened a 25% tariff on foreign-made iPhones in the United States.
  • Trump imposed these tariffs due to stalled negotiations with the EU, accusing the bloc of slow-walking talks and unfair trade practices against U.S. Companies.
  • After a Sunday phone conversation with the head of the European Commission, the EU committed to speeding up trade negotiations in return for a 90-day postponement of the proposed new tariffs.
  • In 2024, the United States faced a $236 billion trade shortfall with the European Union, which President Trump described as “totally unacceptable,” while his economic advisers indicated that a reduced tariff rate might remain for countries that comply with U.S. Demands.
  • These tariff moves escalate U.S.-EU trade tensions, risk raising consumer prices on European products, and reflect Trump’s broader push to onshore manufacturing despite potential legal and market challenges.
Insights by Ground AI
Does this summary seem wrong?

29 Articles

All
Left
4
Center
2
Right
4
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

steigan.no broke the news in on Monday, May 26, 2025.
Sources are mostly out of (0)