Trump Recommends 50% Tariff on the European Union, Starting June 1

Reuters05-23

May 23 (Reuters) - President Donald Trump said on Friday that he is recommending a straight 50% tariff on goods from the European Union starting on June 1, saying the EU has been hard to deal with on trade.

"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," Trump said on Truth Social. "Our discussions with them are going nowhere!"

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Comments

  • Sleepliao
    05-23
    Sleepliao
    What is the point. He will just retrack back and put on hold. Cause it's easy for him to manipulate. Threat = stocks drop. Hold = stocks recover. 
  • eskynet
    05-23
    eskynet
    A 50% tariff recommendation is a bold move and signals serious escalation in U.S.–EU trade tensions. While it may aim to protect American industries and address trade imbalances, the potential for retaliation from the EU could lead to broader economic consequences. Supply chains, export competitiveness, and multinational firms might all feel the impact — especially if this goes beyond rhetoric and into actual policy. Watching closely how both sides respond in the coming days. Trade wars rarely end without collateral damage.
  • tiger269
    05-23
    tiger269
    $Apple(AAPL)$  Thank you Trump
  • 沃伦老巴
    05-23
    沃伦老巴
    Damn 
  • eunis
    05-23
    eunis
    Great article, would you like to share it?
  • Jas2davir
    05-23
    Jas2davir
    Lmfao
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