Trump threatens tariffs for Apple iPhones and EU products

The US President Donald Trump re -invested the trade voltages on Friday and threatened a 50% tariff for all goods sent to the United States by the European Union.

He also warned Apple that he would impose a 25% import tax “at least” iPhones that were not produced in America, which later extends the threat to every smartphone.

The warning against the EU came only a few hours before the two sides were held. Trump announced a 20% tariff for most EU goods last month, but had halved it to 10% by July 8th to grant time for negotiations.

In an explanation after the talks, the EU said that it was still obliged to secure a deal while again warning that it was ready to take revenge.

“EU-US-trade is unsurpassed and must be directed by mutual respect and not threats,” wrote the European Union's trade officer, Marošefčovič, after the talks in his own social media post. “We are ready to defend our interests.”

In comments to reporters in the White House on Friday afternoon, Trump impatiently expressed the pace of the talks and said his plan to increase the tariff on June 1.

“I am not looking for a deal – we have completed the deal,” he added, before it is added immediately that a large investment in the United States could make it open to a delay by a European company.

“We will see what happens, but at the moment it will take June 1st,” he said.

Analysts said it could continue to be seen whether Trump's rhetoric would deal with reality.

“We have to consider that this is a threat at this time. It is not an announcement. There is no executive regulation,” said trading expert Aslak Berg from the Center for European Reform of the BBC.

He said he thought Trump's post was increasing the leverage before the negotiations.

“But the fact is that the EU will not stir. You will remain calm, keep going and it will be a very difficult discussion this afternoon.”

Since the re -entry into the White House, Trump has imposed and threatened various tariffs for goods from countries around the world to argue that the measures – which are a tax on imports – will increase US production and protect jobs from foreign competition.

The announcements have triggered worries worldwide because they will make it more expensive and difficult for foreign companies were to sell in the world's largest economy.

But Trump has also withdrawn from some of his most aggressive proposals after turbulence for financial markets and business in the United States.

The stocks of the United States and the EU fell on Friday after the last threats, with the S&P 500 lowering 0.7% and Dax and France CAC 40 decreased by more than 1.5%.

Apple's shares, which had won relief last month when Trump except for the key electronics, including smartphones from his tariffs, fell by about 3%.

Officials warned that it would be temporary. In conversation with reporters later on Friday, Trump said that he did not intend to let Apple let in, but planned to apply the tasks to all smartphones that could begin by the end of June.

The EU is one of the largest trading partners in the United States, which last year sent more than $ 600 billion to the US goods and, according to the US government, bought around $ 370 billion.

Trump's complaints about Europe have focused on this uneven trade relationship because the EU sells more to the USA than it buys from America.

He accuses this trade deficit of guidelines that he is unfair to American companies, and he has triggered concerns about guidelines in connection with cars and agricultural products.

He aimed at goods from the EU with a tariff of 20% in its so-called liberation day announcement last month, which has triggered a variety of negotiations between the USA and countries around the world.

While some countries, in particular smaller ones, have followed a conciliatory approach, the EU, such as China and Canada, have pushed back to the threats and said that it was ready to reciprocate by increasing its own tariffs for US products.

The US Finance Minister Scott Bessent told Fox News that he hoped that the threat “would light a fire under the EU”.

Politicians of members of the block welcomed it with dismay.

Ireland's Taoisach Micheál Martin said that the EU had involved “faith and faith” and warned that the tariffs would become harmful to both sides.

“We don't have to go down this street,” he said. “Negotiations are the best and only sustainable path forward.”

“We keep the same line: de-escalation, but we are ready to answer,” said French Foreign Minister Laurent Saint-Martin on Friday morning on social media and added that the pressure was “not helped” during the negotiations.

German Minister of Economic Affairs Katherina Reich said that her country needed “more trade, nothing less”.

“We have to do everything we can to ensure that the European Commission achieves a negotiated solution with the United States,” she said.

Trump plowed the tariffs, despite the widespread concern of experts, that the new taxes lead to economic damage while he has little to do to achieve his goals.

On Friday, the Wedbush Securities -Analyst Dan Ives said the idea that Apple would produce iPhones in the USA was a “fairy tale that is not feasible”.

He added that he expected Apple, despite Trump's recent attack, would continue to be able to steer the situation that the company has long used as one that he would like to process in the USA.

Trump met Apple Chief Executive Tim Cook in the White House at the beginning of this week after expressing misfortune about the company's reaction.

At the beginning of this month, Company announced that it changed the production of most iPhones and other devices that are from China in the USA, but in countries such as India and Vietnam and not in the USA.

Trump said at the beginning of this month he had a “little problem” with Mr. Cook and warned him: 'I don't want you to build in India.' “