Trump Proposes Tariffs On EU Imports And Apple iPhones.

US President Donald Trump has announced a proposed 50% tariff on all goods imported from the European Union into the United States.

In a social media post on Friday, he stated, “Our discussions with them are going nowhere!” and declared that the new tariffs would take effect on June 1.

This move intensifies on most EU goods, which he later reduced to 10% until July 8 to allow for negotiations.

Additionally, Trump warned of imposing “at least” a 25% import tax on iPhones not produced in the United States.

“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump said.

“If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”

Since returning to the White House, President Trump has implemented and proposed multiple tariffs on nations worldwide, viewing them as a strategy to enhance US manufacturing and safeguard jobs from foreign competition.

A tariff is a domestic tax applied to goods entering a country, calculated based on the import’s value and paid by the importing business.

The possibility of increased tariffs on US imports has alarmed many global leaders, as it will raise costs and complicate efforts for businesses to sell goods in the world’s largest economy.

On Friday, Trump said the EU had been “very difficult to deal with”.

“Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025,” he added.

Trump said there would be no tariff charged if the product was “built or manufactured in the United States”.

Trump’s warning to Apple follows the company’s announcement that it is relocating the production of most iPhones and other devices intended for the US market away from China.

Apple’s CEO, Tim Cook, stated earlier this month that the majority of iPhones destined for the US will be manufactured in India in the coming months, with Vietnam serving as a key production hub for products like iPads and Apple Watches.

“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump said.

“If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”