Trump threatens European Union with new tariffs in scathing statement after discussions go ‘nowhere’

 

Scrutiny from international business law firms, and possibly even regulatory investigations into monopolistic practices or corporate insurance coverage disputes. He continued:

“Our discussions with them are going nowhere! 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!” Impact on Global Manufacturing and Labor Costs

His move comes as Trump has been in a bitter battle of trade tennis with his European allies, previously calling it one of the ‘most hostile and abusive taxing and tariffing authorities.

In the world’ in March when he threatened to increase goods like alcohol coming out of the region to 200 percent. These threats raise critical concerns for multinational supply chain liability,

 

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