Trump threatens European Union with new tariffs in scathing statement after discussions go ‘nowhere’
President Donald Trump has escalated his trade war with the European Union, threatening to impose 50% tariffs on EU goods starting June 1, 2025. He accused the EU of unfair trade practices, including high barriers and a $250 billion annual trade deficit with the U.S., claiming negotiations have stalled. Trump previously proposed 20% tariffs in…