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Trump: Proposed 50% tariffs on European Union from June 1

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2025-05-23 11:49:31
On May 23rd, US President Donald Trump said on social media that the main purpose of the establishment of the European Union is to take advantage of the United States in trade, but the European Union is difficult to deal with. Their strong trade barriers, value-added tax, ridiculous corporate penalties, non-monetary trade barriers, currency manipulation, unfair and unreasonable lawsuits against American companies, etc., have caused the US to have a trade deficit of more than $2,500,000,000 per year, which is completely unacceptable. Our discussions with them went nowhere. Therefore, I propose to impose a direct 50% tariff on the European Union from June 1, 2025. If the product is manufactured or produced in the United States, no tariff will be imposed.
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