Former U.S. President Donald Trump has announced plans to impose a 50% tariff on imports from the European Union if he returns to the White House.

The President of the United States, Donald Trump, threatened the European Union on Friday with a significant increase in tariffs on EU goods, claiming that the current negotiations are "going nowhere.

Trump's proposed tariffs on EU goods and foreign-made smartphones could reshape trade and tech — this breakdown shows how they might affect prices, policy, and your personal financial strategy.