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Europe Leaders Keep Mum As Trump Plans 50% Tariff On Goods Not Made In USh
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0:00
as at the time of filing in this news
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report on Saturday night leaders in the
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European countries have kept mom ever
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since On Friday the United States US
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President Donald Trump announced plans
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to impose 50% tariff on goods not made
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in the North America country that comes
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from European countries with a specific
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threat to impose 25% tariff on Apple if
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the iPhone manufacturer does not move
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production to the United States This
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President Donald Trump based his actions
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on what he claimed to be cases of unfair
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and unjustified lawsuits filed by the
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European countries against American
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companies among other reasons But it
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could be recalled that earlier in the
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month of April 2025 when President Trump
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issued the first tariff threat of 25% on
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European goods The immediate past
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Germany chancellor Olaf Schaz had said
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that even if European countries did
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nothing in response to Donald Trump
1:00
imposed tariffs the increased tariffs
1:02
will cause a big problems in the US
1:04
economy adding that Trump intending
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tariff increment on EU goods is an
1:10
economic error and the European
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Commission President Ursula Vanderel and
1:14
had also in early April 2025 said that
1:18
the EU countries is the largest single
1:20
market in the world and the EU have what
1:22
it takes to retaliate or strike back
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President Donald Trump on Friday
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threatened tech giant Apple with a 25%
1:30
tariff if the iPhone manufacturer
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doesn't move production to the United
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States He later said trade talks with
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the European Union were progressing so
1:40
poorly that a 50% tariff should be
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imposed next week June 1st
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2025 President Trump proposed that Apple
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build its iPhones in the US or face a
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25% tariff Tech analysts say that would
1:55
balloon prices to
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$3,500 per phone According to CNN senior
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data analyst Harry Anton who analyzed
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the possible impacts the US president
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action may cause the North American
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residents President Donald Trump has
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said he is recommending imposing 50%
2:14
tariffs on goods from the European Union
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being imported to the United States Our
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discussions with them are going nowhere
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he said in a post on social media on
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Friday The announcement marks an
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escalation of Trump's trade war with the
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EU which has already been hit with a
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blanket 20% tariff on all US exports
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according to US media their powerful
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trade barriers VAT taxes ridiculous
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corporate penalties non-monetary trade
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barriers monetary manipulations unfair
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and unjustified lawsuits against
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Americans companies face
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