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The president said he would issue a 50% tariff on the EU and a 25% tax on Apple in a pair of Truth Social posts.
The twin threats, delivered via social media, roiled global markets after weeks of de-escalation had provided some reprieve.
The president escalated his trade war once again, threatening Apple and Europe and sending the markets into a tailspin.
President Donald Trump is sending stocks lower again, this time after threatening 50% tariffs on the European Union that ...
President Donald Trump said iPhones made outside the US would incur a tariff of at least 25% and threatened to increase ...
Stock markets declined after the president’s early-morning threats of 25 percent import taxes on iPhones and 50 percent on ...
The threat delivered over social media could dramatically increase the price of iPhones. Trump also threatened a 50% tax on ...
President Trump is threatening a 50% tax on all imports from the EU as well as a 25% tariff on Apple products unless iPhones ...
The Trump administration sees tariff talks as a chance to pressure a rival into concessions. E.U. officials have acted as ...
The threats sent European stocks tumbling ahead of the long weekend in the U.S. Apple stock dropped 3% at the opening bell on ...
BENGALURU] European shares closed sharply lower on Friday (May 23) after US President Donald Trump ramped up threats of ...
It is hard to determine which of Trump's announcements - on EU tariffs or levies on Apple imports - carries greater ...