Trump calls for 50 percent tariff on EU, starting June 1
Donald Trump
WASHINGTON U.S. President Donald Trump on Friday threatened to impose a 50 percent tariff on imports from the European Union, accusing the 27-member trading bloc of stalling trade talks. Lamenting that negotiations with the EU "are going nowhere," Trump said on Truth Social he is recommending "a straight 50% Tariff on the European Union, starting on June 1, 2025." Stock futures on Wall Street fell on the news. If the new duties come into effect, they would dramatically hike the current U.S.
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