Close Menu
Fox Global – Breaking News, Insights & Trends
  • Home
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Sports
  • Travel
  • US
  • World
What's Hot

In Gaza, limited food aid meets desperate crowds and looting

May 23, 2025

Boeing to pay $1.1 billion as part of deal to settle 737 Max crash cases with DOJ

May 23, 2025

Judge denies request to terminate Palestinian activist Mahmoud Khalil’s deportation proceedings

May 23, 2025
Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
Fox Global – Breaking News, Insights & Trends
  • Home
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Sports
  • Travel
  • US
  • World
Fox Global – Breaking News, Insights & Trends
Home » Trump threatens Apple and EU with sweeping new tariffs

Trump threatens Apple and EU with sweeping new tariffs

adminBy adminMay 23, 2025 Lifestyle No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
Post Views: 3


Gatestone Institute senior fellow Gordon Chang weighs in on President Donald Trump threatening Apple with tariffs, trade talks and the state of Chinas economy during a wide-ranging interview on Mornings with Maria.

President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands. 

In two quick-fire posts on Truth Social, Trump warned he would slap a 25% tariff on imported iPhones if Apple refuses to make the smartphones in the U.S. The move comes after Trump met with Apple CEO Tim Cook at the White House on Wednesday, Fox confirmed.

Trump also threatened the EU with a straight 50% tariff, writing that the bloc has been very difficult to deal with in trade negotiations. 

“I have long ago informed Tim Cook of Apple that I expect their iPhones 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 wrote. 

Tim Cook with Trump in 2019

President Donald Trump, left, and Apple CEO Tim Cook touring the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on Nov. 20, 2019. (Mandel Ngan/AFP via Getty Images / Getty Images)

GAS PRICES HIT 4-YEAR LOW AHEAD OF MEMORIAL DAY WEEKEND

“If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank you for your attention to this matter!”

Bringing back manufacturing jobs to the U.S. is a cornerstone of Trump’s “America First” agenda, with Trump also calling out Cook last week in Qatar, saying that he had a “little problem” with the tech giant using facilities in India to make iPhones for sale in the U.S.

Apple has been turning to India for more future production of phones destined for the American market to try to reduce its dependence on China for manufacturing and deal with tariffs, according to Bloomberg. 

Meanwhile, Trump accused the EU of exploiting the U.S. through trade barriers, taxes, penalties and lawsuits. 

Tim Cook/Apple logo split

Trump met with Apple CEO Tim Cook at the White House on Wednesday, Fox confirmed. (iStock / Getty Images)

TRUMP DOESN’T WANT APPLE MAKING IPHONES IN INDIA: ‘I HAD A LITTLE PROBLEM WITH TIM COOK’

He said the U.S. has a trade deficit of more than $250 billion and that current trade negotiations are “going nowhere.”

Trump is proposing a 50% tariff on all EU goods starting June 1, 2025 unless they are made in the U.S.

“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with,” Trump wrote. 

“Their powerful trade barriers, vat taxes, ridiculous corporate penalties, non-monetary trade barriers, monetary manipulations, unfair and unjustified lawsuits against American companies, and more, have led to a trade deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable.”

“There is no tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!”

Trump introducing tariffs

President Donald Trump holds up a chart of “reciprocal tariffs” while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, D.C. (Chip Somodevilla/Getty Images / Getty Images)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The EU tariff threat comes after Vice President JD Vance met European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni on Sunday.

The White House has imposed a 25% tariff on imports of steel, aluminum and cars, as well as a baseline 10% tariff on almost all countries, with additional “reciprocal” tariffs — making for a combined 20% in the EU’s case — lined up if negotiations during a 90-day pause fail.

A 90-day negotiation period is set to expire on July 8.

Fox Business’ Aislinn Murphy and Reuters contributed to this report. 



Source link

admin
  • Website

Keep Reading

Analysts warn shifting iPhone production to US would drive-up costs

Texas lawmakers vote to ban hemp products in blow to $4 billion industry

What will no taxes on tips cost in tax revenue?

Mortgage rates rise to 6.86%: Freddie Mac

Federal Reserve governor warns markets demand higher rates on US Treasury debt

Walmart to cut about 1,500 jobs from corporate workforce

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Analysis of WSANDN’s Economic Initiative and Global Implications.

April 12, 2025

World Subnationals and Nations (WSandN) Negotiates Historic Economic Growth Partnership with 180 Countries.

March 27, 2025

Global Economic Council: Buffet, Musk, Zuckerberg, Bezos, Bernard Arnault, and Other Global Billionaires Named on Board to Drive Local Economic Growth Worldwide.

March 6, 2025

WSANDN’s EGCR and GPA Initiatives: Paving the Path to Global Peace & Unlocking $300 Trillion in Economic Prosperity.

March 5, 2025
Latest Posts

Medical condition forces Billy Joel to cancel performances amid health concerns

May 23, 2025

Plane crash claims lives of heavy metal music exec and metal drummer

May 23, 2025

Zac Brown to receive Veterans Voice Award at American Music Awards Memorial Day

May 22, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Global-Fox.com
At Global-Fox.com, we bring you the latest insights and updates on politics, world affairs, opinion pieces, entertainment, lifestyle, health, and travel. Our mission is to provide in-depth, fact-based journalism that informs, educates, and engages our audience.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
© 2025 global-fox. Designed by global-fox.

Type above and press Enter to search. Press Esc to cancel.