The US president said the new levy could enter into force due to trade imbalances with the bloc US President Donald Trump has recommended a “straight 50% tariff” on the entire European Union, citing a $250 billion yearly trade deficit with the bloc. He suggested that the new rate will start being applied on June 1. Writing on his Truth Social account on Friday, Trump suggested that the EU was initially formed “for the primary purpose of taking advantage of the US on Trade,” and stated that the

Tag-uri: Donald Trump