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Don warns of 50% EU tariff as talks 'going nowhere'
The New Indian Express Kollam
|May 24, 2025
Accuses 27-member trading bloc of stalling negotiations; tariff could kick in from June 1
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US President Donald Trump on Friday threatened to impose a 50% 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.
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