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Don warns of 50% EU tariff as talks 'going nowhere'
The New Indian Express Shivamogga
|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.
This story is from the May 24, 2025 edition of The New Indian Express Shivamogga.
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