Trump announces 50% tariff on the European Union, the current trade deficit is called ‘unacceptable’

The United States President Donald Trump said on Friday that his administration would impose 50 percent tariff on the European Union as the trade talks were “not going anywhere”.In Washington’s current trade deficit with the European Union, Trump stated that the block was formed “for the primary purpose of taking advantage of the United States”.“Their powerful trade barriers, VAT tax, ridiculous corporate punishment, non-monetary trade obstacles, inappropriate and unfair cases against companies of Americans, and more, have led the trade deficit with the US over $ 250,000 per year with the US, which is completely unacceptable, which is completely unacceptable.” He further said: “Therefore, I am directly recommending 50% tariff on the European Union starting from June 1, 2025. There is no tariff when the product is manufactured or manufactured in the United States. Thank you for your attention on this matter!”Trump also issued a new warning to Apple on Friday, stating that the company should face 25 percent tariffs, if it makes iPhones in “India or any place”. Trump said that he had already informed Apple CEO Tim Cook that he hoped that the iPhone sold in the US would be made in the US. Addressing Apple’s CEO, Trump said: “I have informed Apple’s Tim Cook long ago that I hope his iPhone will be sold in the United States and built in the United States, and will be built in the United States, not in India, or at any place.”The Trump administration recently intensified pressure on the European Union to unilaterally on the US goods for low tariffs, warning American business officials that the new “mutual” tariff could be implemented as a result of failure to comply.The latest “explanatory note” of Brussels at the center of the controversy, which outlines its position on the ongoing tariff negotiations, a document that considers inadequate to the US meaningful dialogue.The conversation has hit a road, both sides unable to incorporate their differences on the structure and substance of a possible agreement. While the European Union has proposed a collaboratively developed structure to direct the discussions, the US is emphasizing more immediate and unilateral concessions than the block.