EU, Donald Trump and Apple
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President Trump announced Friday in separate social media posts that he's recommending a 50% tariff on the European Union and a 25% tariff on Apple if the company doesn't manufacture its iPhones in the U.
WASHINGTON—President Trump fired new salvos in the global trade war on Friday, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones and other smartphones made overseas.
President Donald Trump promised that his administration would be able to make quick trade deals with more than 50 trading partners. But halfway into his self-imposed deadline, talks have gotten bogged down.