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Trump recommends 50% tariff on European Union starting June 1

  • President Donald Trump recommended imposing a 50% tariff on imports from the European Union starting June 1, 2025, unless products are made in the U.S.
  • Trump's announcement followed stalled trade negotiations and his frustration over the $54 billion trade deficit with the EU's 27 member states.
  • Trump specifically pressed Apple CEO Tim Cook to move iPhone production to the U.S., threatening at least a 25% tariff on phones made abroad, including Samsung products.
  • Economists and analysts called the EU and Germany's trade strategy a failure, with experts suggesting Trump's tariff threats aim to pressure for a deal despite risking economic harm.
  • Markets reacted negatively to the tariff threats, with stock indexes falling and concerns rising about potential inflation, disrupted supply chains, and uncertain trade relations.
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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
52% Center
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The New Republic broke the news in on Friday, May 23, 2025.
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