Trump gets scared after China-like warning from Europe on tariffs? Big u-turn after ‘June 1’ threat
Published on May 27, 2025 12:46 am IST
Donald Trump just backed off from a full-blown trade war with Europe. After threatening 50% tariffs on EU imports, Trump has now delayed his own deadline following a call with EU chief Ursula von der Leyen. Europe warned of $113 billion in counter-tariffs, mirroring China’s past strikes. Is Trump losing control of the global economic game? Or was this all part of his strategy?
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