Dow, S&P 500, Nasdaq sink, as Trump Apple, EU threatened with new tariffs

The US stocks became very lower after President Trump threatened new tariffs in the European Union and Apple (AAPL).

In addition to the warning of Apple before a tariff of 25% (see post below), Trump suggested a tariff of 50% to all EU goods from June 1st after the trading talks were breastfeeding.

“The European Union, which was founded as a main purpose of taking advantage of the United States for trade, was very difficult to master,” Trump explained about the social of truth. “Our discussions with you are not going anywhere! So I recommend a direct tariff of 50% to the European Union, from June 1, 2025. There is no tariff if the product is built or manufactured in the USA.”

Futures on the Dow Jones Industrial Average (YM = F) fell by 1.4%or almost 600 points, while those who were bound by S&P 500 (it = f) decreased by 1.6%. Contracts on the technical-haired Nasdaq 100 (NQ = F) drop 1.9%.

After Trump's post, the futures took a modest back after Trump's post, but the sale accelerated about 25 minutes later when the EU's comments turned to.