Trump Threatens 50% Tariff on EU Goods, Reigniting Trade War Fears

Trump's Tariff Threat: A 50% Blow to the EU? Former US President Donald Trump ignited a new trade war with the European Union, threatening a 50% tariff on EU products starting June 1, 2025. This action follows years of strained trade relations between the two economic powerhouses. Trump's statement on Truth Social cited what he called 'unfair trade practices' and 'unjustified lawsuits' against American companies as the main reasons for his decision. The video shows Trump making the announcement, alongside images of the White House and EU buildings, emphasizing the international significance of this potential trade war. While the EU has yet to officially respond, the threat has already sparked concerns among businesses and policymakers on both sides of the Atlantic. The potential impact on global trade and consumer prices remains to be seen, adding another layer of complexity to the already tense geopolitical landscape.