“Our negotiations with them are not fruit! So I recommend a 50% direct tariff for the European Union From June 1, 2025, ”said Donald Trump through his profile on the Truth Social network, adding that“No fare will be applied if the product is manufactured in the United States. ”
Trump insisted that the European Union was created “with the main objective of taking advantage of the United States in the commercial sphere.”
In this sense, it accused the EU that its commercial barriers, the VAT (tax on the added value), “ridiculous” sanctions to companiesnon-monetary trade barriers, currency manipulations, “unjustified” lawsuits against US companies, among others, generated a commercial deficit with the United States that reaches “a totally unacceptable value”.
German Foreign Minister Johann Wadephul criticized Trump’s threats saying such measures will be harmful to both sides of the Atlantic. “These tariffs don’t help anyone. They just hurt the economies.”
25% for Apple
Neither the largest American mobile phone producer escaped the US president threatens the technological giant of Import foreign products for the construction of iPhones.
“Apple’s Tim Cook had long informed Tim Cook, which expected the US -sold iPhones to be manufactured and built in the US, not in India or anywhere,” said Trump, quoted by. “If this is not the case, Apple has to pay a at least 25% to the US ”.
Bags in Red
According to the ad left the European rates falling. THE DAX of Germany closed the week, falling 1.6% today, with the BMW (-3.7%) ea Mercedes-Benz (-4%) among the injured.
The proposal to apply 50% customs rights to European imports and 25% on the US unvarful iPhones shook the feeling and triggered a widespread sale that caused US shares to fall about 1% on Friday, ”reports analyst Kate Leaman.
“At the center of the reaction is the fear that the climb of commercial tensions is again at stake and the reaction it may have in inflation, profits of companies and also in global supply chains,” he says.
