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Fortune

Eleanor Pringle

Trump blasts out bevy of threats against Apple and the EU, saying imported iPhones face a 25% hike

Apple Donald Trump European Union Tim Cook Truth Social United States Fortune The European Union America The United States

President Donald Trump

President Trump has threatened a 25% tariff on Apple products not made in the U.S. and a 50% tariff on EU imports, sending markets tumbling and sparking fears of escalating trade tensions. His actions, aimed at reinforcing an ‘America First’ agenda, drew sharp reactions from analysts and global markets, with concerns about feasibility, retaliation, and broader economic fallout.

President Trump has sent markets reeling again today by threatening a host of new tariffs on Apple and the European Union.

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