A 50% tariff on EU goods would halt trade between the bloc and US, says minister


Source: breakingnews.ie breakingnews.ie

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US president Donald Trump’s threatened 50 per cent tariff on EU imports would effectively halt trade between the United States and European Union, a Government minister has warned. Minister of State for European Affairs Thomas Byrne said it was really important for EU member states and the European Commission to remain calm and measured in response to president Trump’s warning and not react to “every single utterance of provocation”. Advertisement In April, Mr Trump announced a 20 per cent tariff on EU goods being sold into the US. He later reduced that to 10 per cent until July 8th to...