President Donald Trump took to Truth Social on Friday to recommend "a straight 50% Tariff on the European Union, starting on June 1, 2025." The bold proposal came amid stalled talks between Washington and Brussels, with Trump lamenting that negotiations "are going nowhere."
A 50% levy on EU imports could ripple through global supply chains, hiking prices for everything from cars and fashion to tech gadgets. For young global citizens and travelers, the change could mean steeper costs for popular European goods and experiences shipped abroad.
Entrepreneurs and business leaders in the G20 are watching closely. Potential responses range from reshoring operations to diversifying suppliers outside the EU, while tech startups may explore digital trade routes to bypass traditional tariffs. Thought leaders warn that elevated trade tensions could overshadow collaboration on sustainability and human rights.
As the June 1, 2025 deadline looms, all eyes are on Brussels and Washington: Will this bold call move off social media and into actual policy? Share your thoughts as myglobalnews.net continues to track the fallout of this high-stakes proposal.
Reference(s):
cgtn.com
