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Trump threatens steep tariffs on trade with the European Union -- and on iPhones

Upworthy Friday, 23 May 2025 ()
Trump threatens steep tariffs on trade with the European Union — and on iPhones President Trump on Friday threatened on social media that he may impose a steep 50% tariff on imports from the European Union starting June 1 because of a lack of progress in talks about trade issues. Trump warned in a…
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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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