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Donald Trump has threatened to impose a 50% tariff on the EU, starting from next month, after saying that trade talks with Brussels were “going nowhere”. Mr Trump made the comments on his Truth Social platform. It marks a fresh escalation in his trade row with the European Union, which he has previously accused of being created to rip off the US. While the US has done deals with the UK and China to reduce their peak exposure to his trade war, the president’s EU threat, which would cover all EU imports to the US, would risk retaliatory measures from…
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