Global News Podcast Trump threatens 50% tariffs on EU and 25% on smartphones
40 snips
May 23, 2025 
Hugh Schofield, a seasoned reporter in Paris, discusses the high-stakes scenario of President Trump's proposed 50% tariffs on EU goods and its fallout in international markets. He dives into the shocking verdicts for the elderly gang behind the Kim Kardashian jewellery heist, revealing the complexities of justice and forgiveness. Schofield also pays tribute to the late Brazilian photographer Sebastiao Salgado, emphasizing his remarkable legacy in environmental activism and storytelling through photography.
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Trump Tariff Threats Escalate Trade Tensions
- President Trump threatened a 50% tariff on all EU goods and 25% on smartphones from June 1st due to difficult trade negotiations.
- This escalated trade tensions, causing share prices to fall and increasing market uncertainty.
EU Defends Rights Amid Uncertainty
- The EU is prepared to defend its rights but prefers deals based on mutual respect rather than threats.
- Markets dislike uncertainty, so tariff threats contribute to volatile stock performances and investor unease.
Kim Kardashian Robbery Verdict and Forgiveness
- A gang dubbed the "grandpa robbers" in their 60s and 70s were convicted for robbing Kim Kardashian in Paris but received light sentences.
- Kim Kardashian showed forgiveness in court, accepting an apology from the main accused, creating an unusual rapport.