Trump Considers Dramatic Tariffs on EU Imports and Apple iPhones

In a recent social media post, Trump announced he is "recommending" a 50% tariff on EU goods, escalating ongoing trade tensions. He also indicated a potential 25% import tax on iPhones not produced in America, emphasizing U.S. manufacturing.

 

In a bold move, President Donald Trump has reiterated his tough stance on international trade by threatening to impose significant tariffs on goods imported from the European Union (EU). In a statement shared via social media, Trump emphasized that the U.S. negotiations with the EU are stagnating, declaring that "Our discussions with them are going nowhere!"

The proposed tariffs would rise to 50% on EU imports, escalating the trade war already underway. Currently, the EU maintains a 10% tariff on imports to the United States.

Additionally, Trump singled out Apple Inc., indicating that a 25% import tax would be applied to iPhones manufactured outside the U.S. "I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else," he stated.

Trump's administration has used tariffs as a tool to champion U.S. manufacturing and protect domestic jobs from foreign competition since his return to the White House. This latest announcement signals a potential escalation in the ongoing trade disputes as the administration seeks to reshuffle the international trade landscape.

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