Trump threatens 50% tariff on EU goods
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European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a starting on June 1.
While not the biggest players in the massive $29 trillion U.S. Treasury market, European owners control over 5% of the outstanding supply, according to a tally from BNY on Friday. On Friday, President Donald Trump threatened 50% tariffs on European Union goods,
President Trump's threat to slap 50% tariffs on the European Union takes aim at one of America's biggest economic partners. These charts show what's at stake: **The EU runs a big goods-trade defi