President Donald Trump hit TRUTH Social Friday morning to blast the European Union for being “very difficult to deal with” on trade.
Trump proposed a 50% tariff to begin June 1st.
“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,” Trump wrote on TRUTH.
Trump imposed a 90-day pause on his Liberation Day tariffs on April 9, allowing countries time to negotiate better terms with the U.S. During the pause, a 10% tariff remains in place for all nations except China.
“Our discussions with them are going nowhere!” he said of talks with the EU.
“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,” Trump continued.
“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!” the president concluded.
In another Friday AM TRUTH, Trump threatened Apple with new tariffs, calling out CEO Tim cook by name.
“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank your for your attention to this matter!” Trump said.
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