RUMOR MILL HEATING UP: Trump Slaps EU With 500% Tariff Over Russian & Iranian Oil 🇺🇸⚡🇪🇺🇮🇷
Reports suggest President Trump has greenlit an eye-watering 500% tariff on European nations importing oil from Russia and Iran. If true, this would be an unprecedented escalation with serious implications for global energy and trade.
The stated goal? Penalize Europe for depending on geopolitical rivals while reinforcing US leverage in energy and global commerce. Market watchers warn the ripple effects could be brutal—higher oil prices, inflationary pressure, and rising geopolitical tension.
With Europe already struggling under elevated energy costs and winter demand, this move could force a hard reset of EU energy strategy. Investors are on edge, fearing it could ignite a fresh round of trade wars with worldwide consequences.
One thing is clear: economic warfare is back in the spotlight—and even traditional allies may not be spared.
