Donald Trump, European Union and tariff
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President Donald Trump on Friday threatened the European Union with a sweeping 50% tariff, posting that trade talks with the region are "going nowhere."
The European Commission urged the U.S. to pursue respectful trade talks after Donald Trump proposed a 50% tariff on EU goods, warning of economic fallout and vowing to defend EU interests if necessary.
U.S. President Donald Trump’s tariff offensive has led European officials to cut their growth forecasts for this year and next, even in a best-case scenario in which the highest rates on most goods co