Trump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’
Donald Trump has said he will impose a 50% tariff on all EU imports to the US from 1 June after claiming trade talks between the two trading blocs were “going nowhere”.
In a surprise announcement, the US president posted on his Truth Social platform that his long-running battle to secure concessions from the EU had stalled.
He accused the EU of taking advantage of the US on trade, saying: “Our discussions with them are going nowhere! Therefore I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”
https://www.theguardian.com/us-news/2025/may/23/trump-eu-tariff-us-trade-talksOpen linkView original on lemmy.world
10 replies
Who is surprised? I am not.
What a trump thing to do. Someone doesn’t give the petulant king what he wants so he has a tantrum and lashes out.
Kind of incentivises to do even less of what he wants.
That's OK, we may lose some profits not selling to USA, but at least we can make our own stuff, and trade with China.
USA on the other hand...
Canada would be happy to trade with the E.U. given that we're also being fucked over by the U.S.
If usa wants to go all isolationist again be my guest, there are many more countries willing to fill the void left by the usa
We are absolutely willing to trade with Canada more too. And we already have what AFAIK is a pretty good agreement from 2017.
https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/canada/eu-canada-agreement_en
But despite that already good agreement there are talks of working even tighter together.
Breaking News: Idiot who shot himself in foot previously has announced he will shoot his other foot
But, but -- he said before they were kissing his ass.
Let's do a China on the Yanks