Trump wants to impose 50 percent tariffs on the EU

S. President Donald Trump said he was recommending a 50 percent tariff on the European Union (EU) from June 1 because trade negotiations are "going nowhere".
Trump said the EU "has been very difficult to deal with" and that the U.S. trade deficit with the bloc is "totally unacceptable".
A spokesperson for the European Commission told Newsweek it would not be commenting until after a scheduled call later today between trade officials.
The move by Trump marks a fresh escalation in his trade row with the EU, which he has previously accused of being created to "screw" the U.S.
The president has long touted tariffs as a way to protect U.S. consumers from unfair trade practices and would lead to a boost in U.S. manufacturing. Economic experts have pushed back saying that tariffs often lead to higher costs passed on to consumers.

Iran to join BRICS development bank soon, central bank governor says
99213.08.2026, 00:56
Minister Anand announces sanctions against defence manufacturing company
110011.08.2026, 21:04
US lifts sanctions on Fly Baghdad, previously linked to Iran's IRGC
371305.08.2026, 23:02
Russian Oil Refining Falls to 24-Year Low After Ukrainian Drone Strikes – Bloomberg
448304.08.2026, 17:46
Russia suspends sale of over 70,000 bottles of Armenian water and soft drinks
435204.08.2026, 14:18
European wildfire costs this year have already surpassed €3bn
454403.08.2026, 19:35
Ukrainian strikes disable over 30% of Russia’s refining capacity
501201.08.2026, 13:33
Johnson & Johnson to pay $5.5bn settlement in talc cancer lawsuit
608428.07.2026, 21:28