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US set to impose 50% tariffs on EU, Trump says – Europe live

US set to impose 50% tariffs on EU, Trump says – Europe live

US president calls bloc ‘very difficult to deal with’, lamenting the bloc’s ‘powerful trade barriers’ and ‘monetary manipulations’

US president Donald Trump has just called the EU “very difficult to deal with,” lamenting the bloc’s “powerful Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more” (original capitalisation!).

He said this “have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable.”

“Our discussions with them are going nowhere!

Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.

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