President Trump is ramping up his tariff threats. In another escalation of his trade war, the president is “recommending” 50 percent tariffs on the European Union starting on June 1st. He complained on social media that his administration’s discussions with the EU “are going nowhere.” Donald Trump also threatened to impose a 25 percent import […]
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Trump threatens the EU and Apple with new tariffs
President Trump is ramping up his tariff threats. In another escalation of his trade war, the president is “recommending” 50 percent tariffs on the European Union starting on June 1st. He complained on social media that his administration’s discussions with the EU “are going nowhere.” Donald Trump also threatened to impose a 25 percent import tax on iPhones not made in the U-S. He said he has told Apple CEO Tim Cook to move iPhone manufacturing to the United States