Rising Trade Tensions Between US and EU Following Trump's Threats
May 24, 2025
Trade tensions between the US and the EU are rising due to President Trump's new threats of 50% tariffs on European products. The EU is preparing a retaliatory package worth $108 billion, covering various sectors. The President of the Commission stated that Europe will respond if talks fail, while other European officials are cautious and view the threats as negotiating tactics. Negotiations are ongoing with the goal of reaching an agreement.