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Trump threatens 50% tariffs on EU and 25% penalties on Apple
WCCO-AM / 830 WCCO
Follow
5/23/2025
President Donald Trump is threatening a 50% tax on all imports from the European Union as well as a 25% tariff on Apple products unless iPhones are made in America.
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00:00
President Donald Trump is threatening a 50% tax on all imports from the European Union,
00:05
as well as a 25% tariff on Apple products, unless iPhones are made in America.
00:11
Trump says he wants to charge higher import taxes on goods from the EU,
00:15
a long-standing U.S. ally, than from China,
00:18
a geopolitical rival that had its tariffs cut to 30% this month,
00:22
so Washington and Beijing could hold negotiations.
00:25
Trump was upset by the lack of progress in trade talks with the EU,
00:29
which has insisted on cutting tariffs to zero,
00:31
even as the president has publicly insisted on preserving a baseline 10% tax on most imports.
00:38
In response to Trump's tariffs on China,
00:40
Apple CEO Tim Cook said earlier this month that most iPhones sold in the U.S.
00:45
during the current fiscal quarter would come from India,
00:48
with iPads and other devices being imported from Vietnam.
00:52
Apple now joins Amazon, Walmart, and other major U.S. companies in the White House's crosshairs
00:57
as they try to respond to the uncertainty and inflammatory pressures unleashed by his tariffs.
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