Trump says 25% tariff to hit iPhones not manufactured in US, threatens EU with 50% tariff

On Friday, President Donald Trump threatened the European Union with a 50 percent tariff on goods being imported to the US, saying that the tariff will be implemented on June 1 over the EU's trade barriers against US goods. He also threatened Apple with a 25 percent tariff on iPhones if the company did not produce the phones in the US.

Trump posted to Truth Social, "The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the US of more than $250,000,000 a year, a number which is totally unacceptable."'
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