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Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US

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US President Donald Trump has threatened to impose a 50-percent tariff on all goods from the 27-member European Union, citing the failure of trade negotiations. This move comes just days before the partial truce in the trade war was set to expire on July 8, and Trump's statement suggests a more aggressive approach. European officials have responded by reaffirming the importance of mutual respect in trade agreements, with one official stating that the EU stands ready to defend its interests.

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Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US