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Trump extends deadline on E.U. amid tariff threat

Upworthy Monday, 26 May 2025 ()
President Trump late Sunday said he's extending the deadline to make a trade deal with the European Union, after threatening to impose a 50% tariff on the bloc of nations. NBC News’ Yamiche Alcindor has more.
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News video: Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU

Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU 03:17

President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...

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