Europe Leaders Keep Mum As Trump Plans 50% Tariff On Goods Not Made In US https://ift.tt/W2xd4Fz #Issues #EU #Tariffs #Trump #US ©May 24th, 2025 ®May 24, 2025 11:13 pm As at the time of filing in this news report on Saturday night, leaders in the European countries have kept mum ever since on Friday, the United States, US President, Donald Trump announced plans to impose 50 percent tariff on goods not made in the North America country that comes from European countries, with a specific threat to impose 25 percent tariff on Apple if the iPhone manufacturer does not move production to the United States, this, President Donald Trump based his actions on what he claimed to be cases of unfair and unjustified lawsuits filed by the European countries against American companies among other reasons, but, it could be recalled that, earlier in the month of April 2025 when President Trump issued the first tariff threat of 25 percent on European goods, the immediate past Germany Chancellor, Olaf Scholz had said that even if European countries did nothing in response to Donald Trump imposed tariffs, the increased tariffs will cause a big problems in the US economy, adding that, Trump intending tariff increment on EU goods is an economic error, and the European Commission President , Ursula Von Der Leyen had also in early April 2025 said that the EU countries is the largest single market in the world and the EU have what it takes to retaliate or strike back. #OsazuwaAkonedo

Europe Leaders Keep Mum As Trump Plans 50% Tariff On Goods Not Made In US https://ift.tt/W2xd4Fz #Issues #EU #Tariffs #Trump #US ©May 24th, 2025 ®May 24, 2025 11:13 pm As at the time of filing in this news report on Saturday night, leaders in the European countries have kept mum ever since on Friday, the United States, US President, Donald Trump announced plans to impose 50 percent tariff on goods not made in the North America country that comes from European countries, with a specific threat to impose 25 percent tariff on Apple if the iPhone manufacturer does not move production to the United States, this, President Donald Trump based his actions on what he claimed to be cases of unfair and unjustified lawsuits filed by the European countries against American companies among other reasons, but, it could be recalled that, earlier in the month of April 2025 when President Trump issued the first tariff threat of 25 percent on European goods, the immediate past Germany Chancellor, Olaf Scholz had said that even if European countries did nothing in response to Donald Trump imposed tariffs, the increased tariffs will cause a big problems in the US economy, adding that, Trump intending tariff increment on EU goods is an economic error, and the European Commission President , Ursula Von Der Leyen had also in early April 2025 said that the EU countries is the largest single market in the world and the EU have what it takes to retaliate or strike back. #OsazuwaAkonedo https://ift.tt/J9jL6Ai