EU urges 'respect' after Trump threatens 50% tariffs
The EU's Commissioner for Trade and Economic Security Maros Sefcovic said the bloc is committed to securing a trade deal that "works for both" and that is based on "respect, not threats" after US President Trump threatened a 50% tax on all imports from the European Union.
READ MORE : http://www.euronews.com/2025/05/23/trump-suggests-50-tariff-on-eu-goods-starting-in-june
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00:00U.S. President Donald Trump has threatened a 50% tax on all imports from the European Union as well as a 25% tariff on Apple products unless the company moves iPhone production to America.
00:16The steep tariffs would take effect from June 1st, Trump announced in a post on Truth Social. Global stock markets dropped sharply following Trump's remarks, his latest use of tariff threats to influence international trade.
00:31The EU is already subject to 25% U.S. tariffs on steel, aluminium and cars, along with reciprocal 10% duties on most other goods.
00:45That figure could rise to 20% if no agreement is reached before a 90-day deadline expires.
00:53Apple, which recently announced plans to expand manufacturing in India amid rising U.S.-China tensions, was also threatened.
01:00Their relocation plans became a source of frustration for Trump, who brought it up last week during his Middle East trip.