2025-05-24
13 分钟President Trump threatens 50% tariffs on the European Union.
You're seeing a number of things build up here.
It's hard to know which one is the straw that broke the camel's back,
but there's a lot of ongoing frustrations from the U.S. side.
Plus, what's behind the recent turmoil around U.S. bonds?
And a federal judge halts the government's move to prevent Harvard from enrolling international students.
It's Friday, May 23rd.
I'm Alex Ozola for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
President Trump fired new salvos in the global trade war today.
He threatened a 50 percent tariff on imported goods from the European Union,
as well as new duties on iPhones made overseas.
In comments at the Oval Office this afternoon,
the president said he's not looking for a tariff deal with the EU.
I'm not looking for a deal.
I mean, we've set the deal.
It's at 50 percent.
But again, there is no tariff if they build their plant here.
I'm joined now by Gavin Bade, who covers trade for the Journal.