More Trump insanity….. Trump recommends 50% tariff on European Union starting June 1
- Replies 70
- Views 2.8k
- Created
- Last Reply
Top Posters In This Topic
-
Deephaven 21 posts
-
XCR1250 11 posts
-
ViperGTS/Z1 10 posts
-
Mainecat 6 posts
Most Popular Posts
-
Emergency meeting activated. Poor Deepflock.
-
Derp. So no Link?
-
Bullshit, was at IPB and the opposite was stated. You're a nobody.
Featured Replies
Recently Browsing 0
- No registered users viewing this page.
Poor baby…….
Trump recommends 50% tariff on European Union starting June 1
Source: CNBC
Published Fri, May 23 2025 7:47 AM EDT | Updated 15 Min Ago
President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.
The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”
Trump’s announcement came less than 30 minutes after he threatened to impose a tariff of at least 25% on Apple if the company does not start manufacturing iPhones in the United States.
Stock futures sank immediately following Trump’s posts, which showed the president once again wielding the threat of massive import taxes in response to economic activity he disfavors.
Read more: https://www.cnbc.com/2025/05/23/trump-recommends-50percent-tariff-on-european-union-starting-june-1.html