President says EU imports to US will be subject to levy from 1 June as markets slump in reaction to ‘major escalation’
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.
President says EU imports to US will be subject to levy from 1 June as markets slump in reaction to ‘major escalation’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. Continue reading… Trump tariffs, Tariffs, International trade, Global economy, Donald Trump, US foreign policy, European Union, World news, US news, Europe, Business, Economics, Trump administration, US politics Business | The Guardian
