Trump will impose 50% tariffs on EU imports

ft.com [$]

Former President Trump announced a 50% tariff on European Union imports, effective June 1, 2025, citing stalled trade negotiations. Trump's announcement, made on Truth Social, accused the EU of unfair trade practices. The US had previously imposed a 20% tariff on most EU goods, which was temporarily reduced. Following the announcement, European stocks declined, and US stock futures indicated a lower market open. This action is part of Trump's broader trade policy.


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