Trump’s Tariff Gambit Risks Billions in EU-US Trade Flow

Donald Trump’s push for a 50% tariff on all European Union goods has cast a shadow over one of the world’s most lucrative trade relationships. The EU currently exports over $600 billion worth of goods to the US annually, making America its largest non-EU trading partner. In response to the threat, EU officials have insisted on fair dialogue, stating that any agreement must be built on cooperation, not coercion.
Economic experts and European leaders alike have warned of fallout from the proposed tariffs, which could spike consumer prices and shake financial markets. Trump’s threat to extend duties to Apple and Samsung phones further unnerved investors. Though trade talks are still ongoing, the EU has made it clear: it won’t back down if talks collapse and will impose its own tariffs to protect its economy.