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Europe midday: Shares slump as Trump threatens EU with 50% tariffs

By Frank Prenesti

Date: Friday 23 May 2025

(Sharecast News) - European markets slumped on Friday after US President Donald Trump said he wanted a 50% tariff on European Union imports from June 1and complained that the 27-nation bloc had been "very difficult" to deal with on trade talks.


The pan-regional Stoxx 600 index was down...

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