In a recent statement, President Trump indicated his intention to implement steep tariffs on imports from the European Union and Apple products, further intensifying the ongoing trade conflict and raising concerns for international trade relations.
Trump Raises Stakes in Trade Dispute with EU and Apple
Trump Raises Stakes in Trade Dispute with EU and Apple
President Donald Trump proposes significant tariffs targeting European goods and iPhones, escalating trade tensions.
President Donald Trump has announced his intention to impose substantial tariffs on goods imported from the European Union. In a social media post on Friday, he stated he is "recommending" a 50% tariff on EU products entering the United States, claiming that negotiations with EU counterparts are making no progress. Currently, there is a 10% tariff on goods imported from the EU.
Furthermore, Trump threatened to levy a 25% import tax on Apple iPhones not manufactured within the United States. He specifically mentioned that he has already communicated his expectations to Tim Cook, Apple’s CEO, insisting that iPhones sold in the U.S. must be produced domestically, rather than in India or other countries. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.," Trump stated.
Since returning to office, Trump has taken an aggressive stance on international tariffs, viewing them as necessary measures to bolster American manufacturing and protect local jobs against overseas competition. This latest announcement hints at a potential escalation of tensions not only with the EU but within the tech industry as well.
This breaking news story is under development, and updates will be made available shortly. For immediate alerts, users can follow @BBCBreaking on X or utilize the BBC News App on mobile devices.
Furthermore, Trump threatened to levy a 25% import tax on Apple iPhones not manufactured within the United States. He specifically mentioned that he has already communicated his expectations to Tim Cook, Apple’s CEO, insisting that iPhones sold in the U.S. must be produced domestically, rather than in India or other countries. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.," Trump stated.
Since returning to office, Trump has taken an aggressive stance on international tariffs, viewing them as necessary measures to bolster American manufacturing and protect local jobs against overseas competition. This latest announcement hints at a potential escalation of tensions not only with the EU but within the tech industry as well.
This breaking news story is under development, and updates will be made available shortly. For immediate alerts, users can follow @BBCBreaking on X or utilize the BBC News App on mobile devices.
