🚨 BREAKING NEWS: Trump Announces 50% Tariff on EU Imports Starting June 1st, 2025 — Global Markets React Sharply

May 23, 2025 | Washington, D.C.

In a bold move that could reshape international trade relations, former President Donald Trump has declared a 50% tariff on all imports from the European Union, effective June 1, 2025. This announcement has triggered immediate ripples across global markets, fueling fears of a renewed trade war.

Trump, addressing a crowd at a campaign rally, stated,

“The EU has taken advantage of the U.S. for too long with unfair trade practices. We’re done being the world’s piggy bank. Starting June 1st, we’re slapping a 50% tariff on all EU imports — no more free ride.”

Key Details:

Tariff Start Date: June 1, 2025

Scope: All imports from the European Union

Reason Cited: Trade imbalances, value-added tax schemes, corporate penalties, and regulatory hurdles faced by U.S. companies

Market Reactions:

DAX (Germany): Down 1.9%

Dow Futures: Slid 1.4%

Apple Stock: Dropped over 3% after Trump also hinted at a 25% tariff on iPhones not made in the U.S.

What’s Next?

The European Union has yet to issue an official response, but analysts warn that retaliatory tariffs or WTO intervention could follow swiftly. With tensions high, June may mark the beginning of Trade War 2.0.

Stay tuned for updates as the story develops.

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