I think Trump isn’t keen on the EU. They’ve charged higher tariffs than us for years (protectionist, much?) and so he’s applying ‘reciprocal tariffs’ accordingly.
Well, that depends on how you present it, doesn't it. According to Murphy (quoted below) the EU doesn't charge tariff on all imports from the US.
The problem with the chart is that it is complete nonsense. Trump has made up numbers and then halved them, and called them the US tariff rate.
For example, the average tariff rate in the EU on US imports is around three per cent, because such charges apply to so few products. That's it. In other words, a reciprocal tariff of three per cent might have been justified. Such tariffs already exist.
www.taxresearch.org.uk/Blog/2025/04/03/will-the-uk-fall-into-trumps-trap/
How ironic - some HMRC staff essentially committing fraud.
A Swell Idea From ASDA To Deter Shoplifters!
Recalled for a further appointment after a routine mammogram


