Trump fires new tariff threats at Apple and the EU
Lamenting that negotiations with the EU "are going nowhere," Trump said on Truth Social that he is recommending "a straight 50% Tariff on the European Union, starting on June 1, 2025."
If the new duties come into effect, they would dramatically hike Washington's current baseline levy of 10 percent, and raise economic tensions between the world's biggest economy and its largest trading bloc.
In a separate message, the president said Apple had failed to move iPhone production to the United States despite his repeated requests, and he threatened new duties of "at least" 25 percent if they did not comply.
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