US EditionEU calls for 'respect' after Trump threatens 50% tariffs
- On May 23, 2025, U.S. President Donald Trump threatened a 50% tariff on all European Union goods starting June 1, except products made in the U.S.
- This threat followed stalled trade talks, with the U.S. Demanding unilateral concessions while the EU sought a mutually beneficial agreement based on respect, not threats.
- Trump threatened to impose a 25% import tax on Apple devices unless they are manufactured within the United States, highlighting challenges related to the company's intricate Asian production networks and efforts to relocate manufacturing.
- Following the announcement, U.S. Stock indices fell over 2% for the week, Apple shares dropped 3%, and market volatility increased amid heightened trade uncertainty.
- The European Commission reaffirmed its preference for negotiated solutions but warned it stands ready to defend its interests if talks fail, signaling potential countermeasures ahead.
177 Articles
177 Articles
Stocks Slump After Trump Raises Tensions With EU Tariff Threats - Worthy Christian News
By Brett Rowland | The Center Square (Worthy News) – U.S. markets declined Friday after President Donald Trump threatened a fresh wave of tariffs on imports from the European Union and on smartphones. The Dow fell 256.02 points, down 0.61%, while the S&P 500 dropped 39.19 points, or 0.67%. The tech-heavy Nasdaq fell 188.53 points, or 1% on Friday. Trump singled out iPhone maker Apple in a social media post Friday morning. Saying that the company…
Week of Decision: Does the EU Now Strike Back Against Trump?
For a long time, Europeans and Americans negotiated in the trade dispute on Friday evening. No result. The 50-percent customs hammer is approaching – and the first decision-makers are also demanding more toughness in Brussels.
New Trump Tariffs Threats Trigger EU Response
The European Commission and European governments expressed their disappointment at U.S. President Trump’s latest import tariff threats. Credit: tiseb. CC BY 2.0/flickr EU trade chief Maros Sefcovic responded on Saturday to the latest trade threats expressed by U.S. President Trump via social media that warned of a fifty percent tariff on all goods coming from the EU. The 27-member bloc remains ready to work in good faith, and is fully engaged an…
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