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Markets open lower after Trump threatens tariffs on Apple and E.U

Upworthy Friday, 23 May 2025 ()
Stocks fell Friday morning after President Donald Trump threatened to impose new tariffs on imports from the European Union and iPhones made outside the United States.
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News video: Trump THREATENS EU With ‘I DON’T WANT A DEAL’ Move | EU Scrambles To Avoid Full-Fledged Trade War

Trump THREATENS EU With ‘I DON’T WANT A DEAL’ Move | EU Scrambles To Avoid Full-Fledged Trade War 02:32

President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair...

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