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Trump recommends 50% tariff on European Union starting June 1
cnbc.com/2025/05/23/trump-recommends-50percent-tariff-on-european-union-starting-june-1.html
President Donald Trump on Friday said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations have stalled.
The steep new import duties would start on June 1, Trump wrote on Truth Social.
The EU "has been very difficult to deal with,"…
This story appeared on cnbc.com, 2025-05-23 11:55:43.