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Why EU Elites Fear Trump’s Tariffs

Summary by compactmag.com
Last week, President Donald Trump announced a staggering 50 percent tariff on imports from the European Union, set to take effect on June 1, 2025 unless the bloc agrees to significant concessions aimed at rebalancing a trade deficit of more than $200 billion.

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We begin the review of the current weekly agri-food industry going to Brussels, where the Council of Agriculture Ministers of the European Union has been held. Ministers have analyzed the situation of trade, marked by the negotiations on the tariffs of the United States. Negotiations have been resumed until 9 July, following the intervention of the president of the European Commission, Ursula von der Leyen, who has calmed the new threats of the …

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compactmag.com broke the news in on Thursday, May 29, 2025.
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