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City A.M. • May 23, 2025

Markets slump as Trump vows 50 per cent tariffs on the EU

The proposed imposition of substantial tariffs on European imports has led to a notable decline in stock values across European and British financial markets.

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Financial Times • May 23, 2025

Trump plans to impose 50% tariff on EU imports from next month

The proposed tariff increase on European goods could substantially affect trade balances and potentially lead to higher prices for imported products in the United States starting n...

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