The tenant of the White House has insisted that the European Union was created “with the main goal to take advantage of the United States in the commercial atmosphere.”
The President of the United States, Donald Trump, believes that trade negotiations with the European Union are “not fertile”, so he has recommended to impose a rate of 50 % on their products on 1 June.
“Our conversations with them do not pay any fruits! That is why I recommend a direct rate of 50 % for the European Union from 1 June 2025,” Trump announced by his profile in reality socially, adding that “no rate will be applied if the product is manufactured in the United States.” Commercial scope “.
In that sense, he has accused the EU that his commercial barriers, VAT, “ridiculous” business sanctions, non -monetary commercial barriers, monetary manipulations, “unjustified” demands against American companies, among other things have generated a commercial shortage with the United States that have “a completely unacceptable figure”.
Trump has also announced that Apple would pay a rate of 25 % to iPhones that are sold in the United States, but do not produce in the country.
“I have been informed of Tim Cook for a long time, that I hope that the iPhones sold in the United States will be manufactured and assembled in that country, not in India or somewhere else,” he explained.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
