Trump's Tariff Threat: EU Braces for Trade War

Brussels braces for trade war as Trump threatens 50% tariffs on EU goods. The European Union is preparing for a potential trade war with the United States after President Trump announced plans to impose 50% tariffs on European Union products, starting June 1st. The announcement came as the EU trade commissioner held a press conference, expressing concerns about the ongoing negotiations. "The negotiations are not progressing as we had hoped," said the commissioner. The video shows footage of the commissioner's press conference, and Trump's announcement. Economists warn that the tariffs could significantly impact both the US and EU economies. The EU is now urgently seeking a solution to avoid a full-scale trade war.