⚠️ Trump just escalated the US–EU trade war…
He claims the EU was “formed to take advantage of the U.S.” and blames them for VAT, trade barriers, penalties & currency games hurting American firms. With a $250B trade deficit in focus, he's now threatening a 50% tariff on all EU imports starting June 1 — unless they’re made in the U.S.
This could hit global markets hard if it materializes.