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Trump’s latest tariff threat rattles EU

Donald Trump's threat to impose a 50 percent tariff on all imports from the 27-member bloc, starting next Sunday, has sent shockwaves through Brussels and beyond.

1 min read

Jerome Hughes
Press TV, Brussels

Tensions rise again between the EU and the US over trade. Donald Trump’s latest threat to impose a 50 percent tariff on all imports from the 27-nation bloc has sent shockwaves through Europe.

Experts warn that 50% tariffs could trigger an economic collapse on the scale of the 2008–2009 financial crisis. Across the EU, citizens already grappling with a cost-of-living crisis have been reacting with alarm to Donald Trump’s threat.