50% duties in the European Union from June 1st, wants Trump – “Discussions are nowhere to go”

Duties 50% in the European Union, the US president proposes Donald Trumpafter complaining that the trade negotiations were swallowed. The steep new import duties will begin to apply in just more than a week, on June 1, was written today (23.5.2025) Trump on the Truth Social platform.

The EU “was very difficult to negotiate,” the Republican wrote. “It is very difficult to deal with the European Union, which was founded primarily to take advantage of the United States (…)” Our discussions with them are nowhere! “Donald Trump emphasized. In these circumstances I propose to impose a 50% duties on the EU from June 1st. There are no duties on products manufactured in the US, “Trump wrote.

Trump’s post came in less than 30 minutes after the threat to Apple with duties at least 25% If the technology company does not build iPhones in the United States of America. “I have long informed Apple’s Tim Cook that I am expecting that the iPhones sold in the US will also be manufactured in the United States, not in India or anywhere else,” Trump said.

It is noted that earlier today Bloomberg report said that a phone conversation would be held between European Commissioner for Trade, Maros Sefsovic, and his American counterpart, Jameson Green for trade negotiations.

Following the new bomb – Trump’s proposal to impose 50% duties on products imported by the EU from June 1st, which has also plunged stock marketsthe Commission declined to comment on this move by the US president, saying he would wait until the telephone conference that Trade Commissioner Maros Shefkovic and Jameson Gray would have at 18:00 in Greece.

As for the United Kingdom, Donald Trump stressed that the US deal is positive for all sides. He also proposed to the UK government to encourage oil mining in the North Sea and “stopping with expensive and unattractive wind turbines” to reduce energy costs.

“The agreement we negotiated with the United Kingdom is good for everyone. However, I strongly recommend that, in order to reduce their energy costs, they will have to stop with expensive and unnatural wind turbines and encourage the modernized way of mining in the North Sea, where large quantities of oil are waiting to be exploited. There is a century of mining, focusing on Aberdeen. The old -fashioned tax system discourages mining instead of boosting them. The energy cost of the United Kingdom would be significantly and fast! “Trump said.

The US president also denounced ‘the obstacles to trade, VATridiculous sanctions against businesses, non -tariffs, coins, unjustified and unfair persecution of US businesses that have led to Commercial deficit over $ 250 million a year, which is completely unacceptable” Donald Trump has repeatedly denounced the US trade deficit with Europe, estimated at $ 300 – $ 350 billion.

According to the White House spokesman for trade (USTR), the US trade deficit with the EU probably reached $ 235 billion in $ 2024, but the Commission disputes these figures, talking about $ 150 billion (about $ 160 billion) for the US and only $ 50 billion).

Duties in European products today amount to 12.5% ​​on averagewith 2.5% corresponding to the level before Donald Trump’s return to the White House, which was added 10% since the beginning of April following the announcement of “mutual” duties.

The White House had initially predicted to impose 20% duties on European products Before announcing a 90 -day suspension of duties more than 10% to give the negotiations time. This suspension is expected to end in the early July.

EU Trade Commissioner Maros Sefkovic has met several times in recent weeks with his US counterparts, Finance Minister Scott Besed, Commerce Minister Howard Lutnik and Trade Representative Jameson Green, without any time.

Source link

Leave a Comment