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Trump recommends 50% tariff on European Union starting June 1 (www.cnbc.com)
submitted 1 week ago by [email protected] to c/[email protected]
7 comments fedilink hide all child comments

cross-posted from: https://lemm.ee/post/64750194

  • 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 EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”

The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. 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. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!

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[-] [email protected] 4 points 1 week ago

unfair and unjustified lawsuits against Americans Companies

We need to be careful about this point. We cannot let Trump push the EU to be even milder on Big Tech perpetually breaking all kinds of EU laws (e.g., GDPR, Digital Markets Act). This is about our basic rights, and about an internet that works more for its users and builders, and less for its "owners."

this post was submitted on 23 May 2025
83 points (100.0% liked)

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