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.
29 Articles
29 Articles
Trump Insists on Threatening the EU with Tariffs if He Doesn't Like the Negotiation: "I Hope They Finally Open up to Trade with the US"
"I have the power to 'FIJING AN AGREEMENT' for trade to the United States if we fail to close a compromise or if we are treated unfairly," insists on its social networksTrump and Von der Leyen are up until July 9 to reach an agreement on tariffs following the threat of 50% Donald Trump boasts of his blackmails.The president of the United States said on Tuesday on his social networks that the threat of imposing tariffs of 50% is speeding up negot…
Trump Calls for 50% Tariffs on EU Imports
(NAFB.com) – President Donald Trump is recommending the implementation of a 50% tariff on imports from the European Union starting June 1, he announced Friday. The news comes days after Bloomberg reported that the EU sent new proposals to the United States in an effort to advance trade negotiations pertaining to currently paused reciprocal tariffs on the bloc. “Our discussions with them are going nowhere,” Trump said Friday, while calling out tr…
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