Trade Cases

Trump eyes 50% tariff on EU starting June 1
Written by Ethan Bernard
May 23, 2025
President Trump has threatened the European Union with 50% tariffs on imports into the United States beginning on June 1.
The president said trade discussions with the EU were “going nowhere” in a Truth Social post on Friday.
“Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025,” he said. “There is no Tariff if the product is built or manufactured in the United States.”
Trump cited the EU’s “powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more.”
He claimed these have led to a trade deficit with the US of more than $250,000,000 a year, “a number which is totally unacceptable.”

Ethan Bernard
Read more from Ethan BernardLatest in Trade Cases

Price: The U.S. Steel shutdown that wasn’t and a call to stop ‘valuation cheating’
How can the U.S. government block U.S. Steel’s Granite City rolling mill closure without harming other American steelmakers? Reducing imports should be the first step. Foreign producers continue to aggressively target the U.S. market, especially now as they find themselves displaced by Chinese exports.

US steel industry applauds ITC final determination in coated trade case
Domestic mills praised the US International Trade Commission’s (ITC's) final determination that imports of corrosion-resistant (CORE) steel from 10 countries pose a threat to them.

ITC’s final ruling: Dumped, subsidized CORE imports are harming domestic market
The US International Trade Commission (ITC) finds that corrosion resistant steel (CORE) imports from 10 countries have caused material damage to domestic product producers, according to the ITC’s statement.

Leibowitz: Trump’s tariffs confront a weakening market
Signs of weakness are already appearing in the tariff wall. The economy has slowed to the point that the Federal Reserve cut interest rates by 0.25%, or 25 basis points, last week. The cut came even as the rate of inflation continues to hover well above the Fed’s 2% target rate.

Price on Trade: IEEPA tariffs head to the Supreme Court, DOJ ramps up trade enforcement
International trade law and policy remain a hot topic in Washington and beyond this week. We are paying special attention to the ongoing litigation of the president’s tariff policies and the administration’s efforts to heighten trade enforcement.