President Donald Trump announced that he would impose a 50% tax on all imports from the European Union starting from June 1, 2025, unless the product was made in the US. 

 He criticized the EU for unfair commercial acts such as trade barriers, VAT, and untruthfully punished enterprises and unsatisfactory lawsuits for American companies. 

 According to him, these have led to a trade deficit of up to $ 250 billion per year for the United States.  He said negotiations with the EU had failed, and the United States was forced to make a tough move.