US-EU Trade Relations in Question as Trump Announces New Tariff Threat

US President Donald Trump has threatened to impose a 50% tariff on goods from the European Union starting June 1, citing stalled negotiations. He also mentioned the possibility of a 25% tariff on iPhones purchased by US consumers. This move marks the latest escalation in the ongoing trade tensions between the US and the EU. It's worth noting that previous tariff announcements from Trump have often been rescinded before implementation, so it remains to be seen if this latest threat will come to fruition.