U.S. President Donald Trump’s bombshell proposal to impose 50% tariffs on EU goods has ignited a fiery transatlantic standoff, with European leaders slamming the move as a threat to global trade stability. The announcement, made via Trump’s Truth Social platform on Friday, accused the EU of "taking advantage" of the U.S. and vowed tariffs starting June 1, 2025.
Trade Talks at a Crossroads
With EU-U.S. negotiations stalled, Trump’s ultimatum demands unilateral concessions from Brussels—a nonstarter for EU officials. European Commissioner Maros Sefcovic fired back on X, stressing trade "must be guided by mutual respect, not threats," while Bernd Lange of the EU Parliament’s trade committee warned Trump would find "the wrong door" if seeking one-sided deals.
EU Leaders Push Back
Irish Taoiseach Micheal Martin called the threat "enormously disappointing," fearing damage to the $1.3 trillion transatlantic trade relationship. France’s Laurent Saint-Martin dismissed tariffs as counterproductive, while Germany’s Katherina Reiche warned: "Tariff conflicts know no winners." The EU has pledged retaliatory measures if needed, escalating fears of a global trade war.
As EU lawmakers prepare to visit Washington next week, the stakes for diplomacy—and your morning latte prices—have never been higher. ☕💸
Reference(s):
cgtn.com