#Trump threatens 50% #tariffs on #EU & 25% penalties on #Apple as his #TradeWar intensifies
Trump on Fri threatened a 50% #tax on all imports from the #EuropeanUnion & a 25% tariff on Apple products unless #iPhones are made in US.
The threats, delivered on social media, reflect his ability to disrupt the #GlobalEconomy with an outburst of typing, & the reality that his tariffs have yet to produce the deals he is seeking or the return of domestic manufacturing.
#economy
https://apnews.com/article/trump-tariff-apple-iphone-tax-170021e8fad22878d0183b5d48971087