President Trump has ended his patience with the European Union, announcing a sweeping 50% tariff on all EU imports set to start June 1. Trump’s move marks a decisive shift away from negotiation, favoring immediate action over drawn-out diplomacy.
The president also issued a stern warning to Apple, threatening a 25% tariff on imported iPhones unless production is moved to the US. This threat could extend to other smartphone manufacturers, raising the stakes for the tech industry.
After a brief pause in tariff escalation last month, Trump’s latest statements make clear that he’s no longer interested in reaching a deal with the EU. Instead, the administration is poised to set new tariff rates unilaterally, signaling a new era of aggressive trade policy.