{"id":28811,"date":"2025-05-26T22:44:48","date_gmt":"2025-05-26T21:44:48","guid":{"rendered":"https:\/\/www.gnews.cz\/?p=28811"},"modified":"2025-05-30T22:49:28","modified_gmt":"2025-05-30T21:49:28","slug":"europe-defies-trump-eu-rejects-tariffs-under-threat-economists-warn-of-recession","status":"publish","type":"post","link":"https:\/\/gnews.cz\/en\/zahranicni\/evropa-vzdoruje-trumpovi-eu-odmita-clo-pod-hrozbou-ekonomove-varuji-pred-recesi\/","title":{"rendered":"Europe defies Trump: EU rejects tariffs under threat, economists warn of recession"},"content":{"rendered":"<p><strong>US President Donald Trump on Sunday announced the postponement of the planned 50% tariffs on imports from the European Union until July 9, following a \"very pleasant conversation\" with European Commission President Ursula von der Leyen. The decision comes two days after Trump threatened to impose them immediately from June 1 and said negotiations with the EU were \"going nowhere\".<\/strong><\/p>\n\n\n\n<p>Von der Leyen asked for time for \"serious negotiations\", to which Trump agreed. Nevertheless, the US president again described the EU as a \"very difficult partner\" and repeated his claim that it was \"designed to take advantage of the United States\".<\/p>\n\n\n\n<p>There was a strong reaction from Brussels. <strong>EU officials warn of retaliation<\/strong>if the US puts its threats into practice. Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d said the EU wants a deal, but trade relations must be based on <strong>mutual respect, not threats<\/strong>. Irish Taoiseach Miche\u00e1l Martin described Trump's move as \"extremely disappointing\" and warned that the proposed tariffs would <strong>seriously damaged one of the world's most dynamic trading relationships<\/strong>.<\/p>\n\n\n\n<p><strong>The chairman of the EU trade committee, German MEP Bernd Lange, has threatened countermeasures<\/strong> in the form of tariffs on up to $113 billion worth of American goods. \"We will not be pushed around. If the negotiations fail, the EU is strong enough to defend itself,\" he told Die Welt.<\/p>\n\n\n\n<p>On the US side, tensions are rising at home. <strong>According to a Harris poll for Bloomberg News, 69 % Americans expect price increases due to tariffs and 60 % have already started saving.<\/strong> People are spending less on entertainment and restaurants, and half of respondents say the economy is worse than last year.<\/p>\n\n\n\n<p><strong>Economists are sounding the alarm.<\/strong> Reuters found in April that <strong>the probability of a recession in the US in the next 12 months is 50 %<\/strong>, and J.P. Morgan even predicts <strong>60% Risk of economic downturn due to tariffs<\/strong>, despite the temporary suspension of most tariffs.<\/p>\n\n\n\n<p>While Washington and Brussels are planning the next round of negotiations, <strong>mutual mistrust and tough rhetoric escalate the risk of a transatlantic trade war<\/strong>whose impact would be felt not only by the EU and the US, but also by the global economy.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/news.cgtn.com\/news\/2025-05-26\/EU-defies-U-S-threat-as-Trump-extends-tariff-deadline-to-July-9-1DGsSjW88i4\/p.html\" title=\"\">CMG<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump on Sunday announced the postponement of planned 50% tariffs on imports from the European Union until July 9, following...<\/p>","protected":false},"author":1,"featured_media":28812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[2973],"tags":[22,3534,18,46,3395],"class_list":["post-28811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zahranicni","tag-cina","tag-clo","tag-cmg","tag-eu","tag-trump"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/posts\/28811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/comments?post=28811"}],"version-history":[{"count":0,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/posts\/28811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/media\/28812"}],"wp:attachment":[{"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/media?parent=28811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/categories?post=28811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnews.cz\/en\/wp-json\/wp\/v2\/tags?post=28811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}