Gold futures start the short week with sharp losses, returning all gains made in Friday's rally, although the metal remains up more than 25% YTD. Gold surged Friday after President Trump said he was hitting the European Union with a fresh 50% tariff,

President Donald Trump hailed his threatened 50% tariff on the European Union as a “success” Tuesday after he said the bloc worked to fast-track negotiations. The president announced a blanket 50% tariff on all EU goods last week,

Stokes also sees more at play than just a disagreement over trade deficits. Trump’s threats “are rooted in frustration with the EU that has little to do with trade,’’ Stokes said. “He doesn’t like the EU. He doesn’t like Germany.” What exactly does Trump want? What can Europe offer? Here are the key areas where the two side are squaring off.