Shares in European luxury companies tank as Trump recommends 50% tariff on EU goods
Friday, 23 May 2025 () European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a straight 50 per cent tariff on goods from the European Union starting on June 1. Europe’s luxury industry, producing handbags, shoes, fashion items and champagne among other prized goods, is highly…
Trump suggests 50% tariff on EU goods starting in June
US President Donald Trump on Friday threatened a 50% tax on all imports from the European Union, as the trade war intensifies.
READ MORE : http://www.euronews.com/2025/05/23/trump-suggests-50-tariff-on-eu-goods-starting-in-june
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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..
Botswana calls for deeper trade ties with European Union amid Trump's tariffs
The foreign minister's call for more EU-led investment comes amid a 37% trade tariff imposed by the Trump administration..
Credit: euronews (in English) Duration: 01:36Published
European Parliament backs steep tariff on Russian and Belarusian fertilisers
The European Parliament has approved a proposal to impose steep tariffs on Russian and Belarusian fertilisers and..
Credit: euronews (in English) Duration: 02:11Published
Friday, 23 May 2025 ()
![Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU [Video]](https://video.newsserve.net/300/v/20250523/1411652036-Breaking-Trump-Launches-Trade-War-With-EU-50.jpg)
![Botswana calls for deeper trade ties with European Union amid Trump's tariffs [Video]](https://video.newsserve.net/300/v/20250522/1411567380-Botswana-calls-for-deeper-trade-ties-with-European.jpg)
![European Parliament backs steep tariff on Russian and Belarusian fertilisers [Video]](https://video.newsserve.net/300/v/20250522/1411569474-European-Parliament-backs-steep-tariff-on-Russian-and.jpg)
