Trump says he’s ‘not looking for a deal’ with the EU after threatening a 50% tariff
President Donald Trump on Friday threatened – ถูกคุกคาม a 50% tariff on goods from the European Union, citing a lack of progress in current trade negotiations.
“Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable,” he wrote in a Truth Social post Friday morning.
“Our discussions with them are going nowhere!” Trump wrote.
“Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”
But later Friday, at an executive order signing in the Oval Office, Trump escalated his message to the EU.
“I’m not looking for a deal,” he said. “We’ve set the deal — it’s at 50%.”