Trump Proposes to Impose a 50% Tariff on EU Goods

I suggest imposing a 50% tariff on goods from the EU starting June 1, 2025," Trump said.

"The EU was created to take advantage of the United States, and its trade barriers, taxes, penalties on American companies, and unjust litigation have resulted in a trade deficit of up to $250 million.

"We have achieved no results in negotiations with them! Therefore, I propose imposing a direct tariff of 50% on goods from the EU, effective June 1, 2025.

"This tariff will not apply to products built or manufactured within the United States," he wrote.

Original article: https://www.toutiao.com/article/1832948401795082/

Disclaimer: This article represents the views of the author alone.