US President Donald Trump threatens to impose an EU 50%customs duties. The rates would be imposed on June 1. Our discussions with them (with EU representatives no) do not lead anywhere, Trump explained. The message was sent to the Truth Social network. «The European Union, which was formed with the main purpose of taking advantage of the United States, was very difficult to manage. Strong trade barriers, VAT taxes, ridiculous corporate penalties, non-monetary commercial barriers, monetary manipulations, unfair and unjustified processes against US companies and many others have led to a US deficit Totally unacceptable figure, ”explained the US president. Donald Trump has announced that the rates will enter into force on June 1. «Our discussions with them do not go anywhere! I therefore recommend a direct 50% customs tariff for the European Union, starting June 1, 2025. There is no tariff if the product is built or manufactured in the United States. Thank you for your attention!», Donald Trump said.
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