President Donald Trump has threatened to impose a 50-percent import tax on anything brought into the U.S. from the European Union — and specifically warned that he will slap a 25-percent tariff on any Apple products unless the nation’s most valuable technology company begins manufacturing iPhones at home.
Trump took to Truth Social to repeat his oft-stated false claim that the European Union was formed “for the primary purpose of taking advantage of the United States on trade” and complained that the 27-member bloc “has been very difficult to deal with” because of what he called “powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more.”