Pakistan, May 23 -- U.S. President Donald Trump has recommended imposing a massive 50% tariff on all imports from the European Union starting June 1, 2025. He made this announcement through his social media platform, Truth Social, and stated that the EU's trade policies have caused long-standing damage to the U.S. economy.
Trump argued that dealing with the EU has proven extremely difficult. He accused the bloc of creating unfair trade conditions through value-added tax (VAT), corporate fines, legal harassment of American companies, and other non-financial trade barriers. He claimed these practices have led to an annual trade deficit of over $25 billion for the U.S., which he described as completely unacceptable.
Despite ongoing negotia...
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