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SAP Shares Fall As Trump Tariff Threat Spurs Fears For Transatlantic Tech Trade

Upworthy Friday, 23 May 2025 ()
SAP SE (NYSE:SAP) stock fell 1.71% to $294.73 Friday morning, part of a broader market selloff triggered by President Donald Trump's threat to impose a sweeping 50% tariff on all European Union imports starting June 1. The potential trade barrier reignited fears of a renewed transatlantic trade…
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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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