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Why is Trump Prepared to Sacrifice Economic Growth for Tariffs on the EU?
2025-05-25 /
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Author：小编
On the 23rd, U.S. President Trump issued a threat, stating that due to the lack of progress in U.S.-EU trade consultations, the United States will impose a 50% tariff on goods imported from the EU, effective June 1st. The EU promptly responded, categorically refusing to unilaterally accede to U.S. demands. Economic data indicates that this measure could slow down U.S. economic growth by at least 0.2 percentage points this year. Trump has already imposed a 25% tariff on EU steel, aluminum products, and automobiles, and this latest threat serves to further escalate trade tensions between the United States and the EU.
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