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Trump Threatens 50% EU Tariffs and 25% Apple Penalties as Trade War Escalates
Finnegan McAllister
Nov
28

Trump Threatens 50% EU Tariffs and 25% Apple Penalties as Trade War Escalates

On May 23, 2025, President Donald John Trump threatened a 50% tariff on the European Union and a 25% tax on Apple iPhones not made in the U.S., triggering market chaos and raising fears of a global trade war.

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