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You are at:Home»Global News»Trump threatens 50% EU prices, 25% for Apple in the last salvo of trade war – National
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Trump threatens 50% EU prices, 25% for Apple in the last salvo of trade war – National

May 23, 2025002 Mins Read
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President Donald Trump Friday, threatens a 50% tax on all imports of the European Union as well as a price of 25% Apple Products unless iPhones are manufactured in America.

The threats, pronounced on social networks, reflect Trump’s ability to disrupt the global economy with a dactylography burst as well as the reality that his prices do not produce the sufficient commercial transactions he is looking for or the return of the national manufacturing he has promised to voters.

The Republican President said that he wanted to charge higher import taxes on EU goods, a long-standing American ally that from China, a geopolitical rival that reduced his prices to 30% this month so that Washington and Beijing can take negotiations. Trump was turned upside down by the lack of progress in commercial talks with the EU, which insisted to reduce the prices to zero, even if the president insisted publicly to preserve a reference tax to 10% on most imports.

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“Our discussions with them are not going!” Trump posted on Truth Social. “Consequently, I recommend a 50% right rate on the European Union, from June 1, 2025. There is no rate if the product is built or manufactured in the United States.”


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1:38
Uncertainty continues in Sask. Around us, price impact


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This position had been preceded by a threat of import taxes against Apple. Apple now joins Amazon, Walmart and other large American companies in the White House reticle while they try to respond to uncertainty and inflationary pressures triggered by its prices.

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“I have informed Tim Cook of Apple for a long time that I expect their iPhone who will be sold in the United States of America will be manufactured and built in the United States, not in India, or anywhere else,” wrote Trump. “If this is not the case, a rate of at least 25% must be paid by Apple in the United States”

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In response to Trump’s prices on China, Apple and CEO Tim Cook sought to move iPhone manufacturing in India while the company adjusts the supply chains. This plan became a source of frustration for Trump, who also mentioned it last week during his trip to the Middle East.

The stock -up contracts sold after Trump’s publications.


& Copy 2025 the Canadian press

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