Trump Proposes Major Tariff Hike on EU Imports

Former U.S. President Donald Trump has announced plans to implement a 50% tariff on goods imported from the European Union. The proposal comes after prolonged trade negotiations between the two sides failed to reach an agreement. The suggested tariffs, set to begin on June 1, 2025, are aimed at reducing the United States’ trade deficit and pressuring the EU to revise what Trump describes as unfair trade practices.

The European Union responded critically to the announcement. EU officials stressed the importance of respectful and balanced trade relations, warning that unilateral tariff increases could damage both economies. They also signaled readiness to defend European interests if needed.

Analysts say this move could strain transatlantic economic ties and potentially lead to a wider trade conflict. While the U.S. seeks to protect its domestic industries, experts caution that retaliatory actions by the EU could escalate tensions and affect global markets.