onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Trump threatens ‘straight 50% tariff’ on EU
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
News

Trump threatens ‘straight 50% tariff’ on EU

Last updated: May 23, 2025 12:15 pm
Oliver James
Share
3 Min Read
Trump threatens ‘straight 50% tariff’ on EU
SHARE

President Trump threatened to impose a 50 percent tariff on the European Union (EU) starting next month, arguing the 27-member bloc has been uncooperative and that negotiations have gone nowhere.

“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable,” Trump wrote in Friday morning post on Truth Social.

The president added that the United States’s discussion with the EU is “going nowhere,” therefore he is recommending a “straight 50 percent Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States.”

The potential hike of import taxes on Europe would escalate tensions with the EU. Trump rolled out his “Liberation Day” tariffs in April, which included a 20 percent duty on European goods. The bloc swiftly responded with its own countermeasures.

Since then, Trump has halted most of the “reciprocal” tariffs to allow for negotiations to take place, but a 10 percent duty was left in place. He’s also suggested in recent days that once the pause is over, the administration would announce new rates.

In early May, the EU’s executive arm, the European Commission, rolled out a plan to respond to Trump by slapping tariffs on more than $100 billion worth of U.S. goods if the negotiations with Washington do not yield a desirable outcome. The list included cars, alcohol, industrial products and Boeing planes.

The commission said it would debate the measures through June 10 with its members.

Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to The Hill.

You Might Also Like

Gabbard’s report questions intelligence community’s conclusions

GOP’s NJ gov candidate Jack Ciattarelli tells New Yorkers fearful of a Mamdani-led NYC to move to Garden State

New disputes emerge ahead of US-China trade talks in London

CIA releases Mandarin-language videos to encourage Chinese officials to spill secrets

$1,000 to seek asylum? House Republicans propose new immigration fees

Share This Article
Facebook X Copy Link Print
Share
Previous Article Elsa Hosk Is Striking in a ’90s Mugler Gown Once Worn by Claudia Schiffer Elsa Hosk Is Striking in a ’90s Mugler Gown Once Worn by Claudia Schiffer
Next Article ‘Sirens’ Creator on the Power of Lilly Pulitzer, Michaela’s Bird Obsession and Turning Greek Myth Into New England Nightmare ‘Sirens’ Creator on the Power of Lilly Pulitzer, Michaela’s Bird Obsession and Turning Greek Myth Into New England Nightmare

Latest News

How many people are affected by Lyme disease? Here’s what to know
How many people are affected by Lyme disease? Here’s what to know
Entertainment July 30, 2025
HGTV Star Is Breaking Her Silence About Mass Cancellations
HGTV Star Is Breaking Her Silence About Mass Cancellations
Entertainment July 30, 2025
ESPN Reporter Laura Rutledge Revives ‘60s Vibe’ With Bold New Look
ESPN Reporter Laura Rutledge Revives ‘60s Vibe’ With Bold New Look
Entertainment July 30, 2025
‘Silence of the Lambs’ Star Anthony Hopkins Shares ‘Iconic’ Dinner Invitation for Kim Kardashian
‘Silence of the Lambs’ Star Anthony Hopkins Shares ‘Iconic’ Dinner Invitation for Kim Kardashian
Entertainment July 30, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.