#TRUMP threatens the EU with 50% tariffs due to a Trade Deficit of $250 billion and Unfair Barriers
In a strong message on Truth Social, #DonaldTrump accused the European Union of taking advantage of the United States in trade, pointing to trade barriers, VAT taxes, sanctions on companies, currency manipulations, and unfair lawsuits as responsible for an annual trade deficit exceeding $250 billion.
Describing the negotiations as fruitless, Trump proposed imposing a 50% tariff on EU products starting June 1, 2025, exempting only those made in the U.S.
This statement intensifies transatlantic trade tensions and could significantly impact economic relations between both blocs, generating uncertainty in global markets.