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Trump plans to impose 50% tariff on EU imports from next month

GenevaTimes by GenevaTimes
May 23, 2025
in Business
Reading Time: 1 min read
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Trump plans to impose 50% tariff on EU imports from next month
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Donald Trump has said he plans to impose a 50 per cent tariff on imports from the EU on June 1, saying that talks with the bloc are “going nowhere”.

In a post on his Truth Social platform on Friday, the US president accused the EU of taking advantage of the US on trade and said: “Our discussions with them are going nowhere! Therefore I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”

This is a developing story

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