Trump spoke out on the subject in a tirade posted on Truth Social, letting his frustration shine through.
50% tariffs
Donald Trump once again threatens Europe with 50% tariffs starting in June.
Take advantage
In his view, trade negotiations with European countries are going nowhere, and he once again accuses the European Union of having been created primarily to take commercial advantage of the United States.
His frustration
Trump weighed in on the subject in a tirade posted on Truth Social, letting his frustration shine through: "Our discussions with them are going nowhere!"
Trade barriers
On Truth Social, Trump asserts that the European Union imposes, in his view, excessive trade barriers, value-added taxes, sanctions targeting American businesses as well as various currency manipulations.
A trade deficit
In his view, these practices have contributed to a trade deficit with the United States of over $250 billion a year, a level he considers unacceptable.
Anger
Ever since Donald Trump unleashed the global trade war on his arrival in the White House, the European Union seems so far to be successfully standing up to him. This apparent resistance seems to be stoking the President's anger.
June 1
Trump concludes his fiery statement by calling for the introduction of a 50% tariff on imports from the European Union from June 1. He stressed, however, that this measure would not apply to products manufactured or assembled on American soil.