US EditionTrump Threatens More Tariffs on Social Media
- President Donald Trump declared via social media from Washington that, beginning June 1, 2025, a 50% tariff would be imposed on goods imported from the European Union.
- Trump's decision to impose tariffs came after negotiations with the European Union stalled; the EU had suggested eliminating all tariffs reciprocally, but Trump insisted on maintaining a minimum 10% tax on most imported goods.
- The tariff includes a 25% tax on smartphones unless built in the U.S., affecting Apple, Samsung, and other manufacturers, aiming to encourage domestic production.
- Stocks fell sharply after the announcement, with the S&P 500 down about 0.67%, while U.S. Treasury Secretary Scott Bessent said the tariffs intend to pressure the EU to improve trade proposals.
- This policy escalation suggests continued trade tensions that might disrupt global markets and force the EU to reconsider its negotiating stance amid political challenges internally.
31 Articles
31 Articles
U.S President Threatens 50% Import Tax on EU Goods and 25% Tariff on Apple Products - Real News Now
The U.S president is considering imposing a 50% import tax on all goods from the European Union and a 25% tariff on all Apple products unless they are manufactured in the United States. These statements were made public on his social media handles on Friday. These threats underscore the president’s capacity to shake the global economy with just a few keystrokes. They also highlight the fact that, so far, his tariff policies haven’t yielded the t…
Associated Press News
Economics expert on what Trump's tariffs mean for the EU and US
President Donald Trump is threatening a 50% tax on all imports from the European Union as well as a 25% tariff on Apple products unless iPhones are made in America.
Trump threatens new 50% tariffs on EU and 25% on Apple
The stock market took a drop after President Donald Trump threatened to slap the European Union with a 50% tax on imports and tech giant Apple with a 25% tariff on smartphones. In another political battle, a federal judge blocked the Trump administration’s plan to ban international students from attending Harvard. NBC’s Yamiche Alcindor reports for Saturday TODAY.
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