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European stocks fall as Trump proposes 50% tariff on EU imports; says talks with them ‘going nowhere’

Invezz Friday, 23 May 2025 ()
European stocks fall as Trump proposes 50% tariff on EU imports; says talks with them ‘going nowhere’President Donald Trump on Friday said he is recommending a 50% tariff on goods imported from the European Union, citing a lack of progress in trade talks with the 27-nation bloc. The proposed tariffs would take effect on June 1 and mark a sharp escalation in tensions between Washington and Brussels. Writing on his social […]
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Video Credit: Oneindia - Published
News video: Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU

Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU 03:17

President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...

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