President Trump recommends 'straight 50%' tariff on imports from EU

“Our discussions with them are going nowhere!” Trump wrote in a post on Truth Social.

“Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more, have led to a Trade Deficit with the US of more than $250,000,000 a year, a number which is totally unacceptable,” he wrote.

“Therefore, I am recommending a straight 50 per cent Tariff on the European Union, starting on June 1, 2025.”

“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with,” he noted.

ALCHEMPro News Desk (DS)