

Trump's Tariff Threats: 50% on EU, 25% on Apple Unless iPhones are Made in the US
President Donald Trump's surprise announcement of potential tariffs against the European Union and Apple sent shockwaves through global markets. Trump threatened a 50% tariff on all imports from the EU and a 25% tariff on Apple products if the company does not begin manufacturing iPhones in the US. This action follows months of stalled trade negotiations with the EU. "The talks with the EU were going nowhere," Trump posted on his Truth Social platform, justifying his decision. The announcement immediately caused a dip in European stock markets. Meanwhile, a spokesperson for the European Commission stated they are "disappointed" by the announcement and are seeking clarification. Apple has yet to issue an official response. The situation highlights the ongoing tension in international trade relations and Trump's willingness to use tariffs as a tool to influence economic policy.