US EditionTrump recommends 50% tariff on European Union starting June 1
- President Donald Trump proposed implementing a 50% tariff on goods imported from the European Union starting June 1, 2025.
- Trump made this recommendation after trade talks with the EU stalled despite the EU offering to cut tariffs to zero, and he stressed he is not seeking a deal.
- The tariff proposal follows prior threats of a 25% tax on smartphones made abroad, targeting companies like Apple to move production to the U.S., which faces skepticism over feasibility.
- President Trump announced plans to impose a 50% tariff on imports from the European Union, which contrasts with the existing 10% baseline tax. Analysts predict that such tariffs could increase the price of an iPhone from $1,200 up to $3,500.
- The tariffs aim to address a $54 billion trade deficit with the EU, but critics warn they could harm economic development, squeeze corporate profits, and unsettle global markets.
673 Articles
673 Articles
New Hampshire Union Leader
Trump threatens new tariffs on European Union, Apple, reigniting trade fears
President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he
BBC World Service - Newshour, Trump threatens 50% tariffs on EU and 25% on iPhones
The warning against the EU came just hours before the two sides were set to have trade talks. Trump last month announced a 20% tariff on most EU goods, but had halved it to 10% until 8 July to allow time for talks. Also on the programme: A US judge has suspended the Trump administration's decision to block Harvard University from enrolling foreign students; and Sebastião Salgado, regarded as one of the world's greatest documentary photographers,…
Trump ‘not looking for a deal’ to avert 50 percent EU tariffs
President Trump is “not looking for a deal” with the European Union after vowing to impose 50 percent tariffs on goods from the bloc, he told reporters at the White House after Treasury Secretary Scott Bessent said the threat stemmed from EU officials’ failure to negotiate “in good faith.” “I'm not looking for a deal. I mean, we've set the deal. It's at 50 percent,” Trump said in response to a reporter’s question during a May 23 Oval Office even…
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