RUMORS: đșđžâĄ Trump Slams EU With 500% Tariff Over Russian & Iranian Oil âđȘđșđ·đșđźđ·
Unconfirmed reports suggest President Trump has approved an extraordinary 500% tariff targeting European countries that continue buying oil from Russia and Iran. If true, this would mark one of the most aggressive trade actions in modern history.
â ïž Why it matters:
Washington frames the move as punishment for Europeâs reliance on geopolitical rivalsâwhile reinforcing U.S. leverage in global energy and trade. Analysts warn the fallout could be severe: oil price spikes, higher inflation, and escalating diplomatic tensions.
đ Europe under pressure:
With energy costs already elevated and winter demand looming, such a tariff could force a rapid rethink of Europeâs energy strategy.
đ Markets on edge:
Investors are watching closely. A move of this scale could ignite a fresh trade-war phase, with ripple effects far beyond Europeâpotentially hitting the entire global economy.
