Trump's 50% Tariff Threat Shakes Global Markets

Trump's Tariff Threat: A 50% Blow to the EU? Donald Trump's recent announcement recommending a 50% tariff on European Union products, effective June 1st, 2025, has sent shockwaves through global markets. The move, according to Trump, is a response to the lack of progress in ongoing trade negotiations between the US and the EU. "Our discussions with them are not leading anywhere," Trump stated in a post on Truth Social. The announcement has raised concerns about potential impacts on trade, inflation, and international supply chains. Analysts are closely watching market reactions, with some predicting significant volatility in the coming weeks. The EU is expected to respond formally to Trump's recommendation in the near future. The situation highlights the ongoing tensions in US-EU trade relations and the potential for further escalation.