This May 23, President Donald Trump threatened to impose a 50% tariff on all goods from the European Union, citing stalled trade negotiations.
Posting on his Truth Social platform, Trump stated he was "recommending a straight 50% Tariff on the European Union, starting on June 1, 2025," and claimed that talks with the bloc are "going nowhere."
This threat echoes Trump’s broader strategy on trade. Back on April 2, during the so-called "Liberation Day," he announced a wave of reciprocal tariffs on countries exporting goods to the US, that could impact not only the US economy but also the economies of key US trading partners. Since then, some of those tariff policies have already been adjusted.
In this gallery, we explain what reciprocal tariffs are, why Trump implemented them, and how much each country is being taxed. Click on for more.