The words that bled the markets today:
"The European Union, which was formed with the main objective of taking advantage of the United States in trade, has been very difficult to manage. Its powerful trade barriers have generated a trade deficit with the U.S. of more than 250 million dollars annually, a completely unacceptable figure. Therefore, I recommend a direct tariff of 50% for the European Union starting June 1, 2025".
– said the President of the United States, Donald Trump, via TruthSocial on Friday.