Trump's Tariff Threats Shake Tech and Trade: 25% on iPhones, 50% on EU Goods
Date: 23-may-2025 | By: Nuztrend Team
U.S. President Donald Trump has once again shaken global markets, this time with aggressive new tariff threats aimed at both tech giant Apple and the European Union. On May 23, 2025, Trump announced plans to impose a 25% tariff on iPhones not made in the U.S. and a sweeping 50% tariff on EU imports, raising alarms across international business and diplomatic communities.
iPhone Tariff: A Blow to Apple’s Global Strategy
Trump's declaration directly challenges Apple’s global production model, particularly its manufacturing shift to India and Vietnam. The President stated that any iPhone sold in the U.S. must be made domestically, and confirmed he had informed Apple CEO Tim Cook of the administration's position.
This move threatens Apple’s cost structure and product timelines. According to a report by Times of India, Apple may face significant pricing and supply chain pressures if forced to scale back its "Make in India" initiative.
Markets React with Volatility
Financial markets reacted immediately. Apple shares fell by 2.5% in premarket trading. Broader indices also declined, with Dow Jones futures down over 600 points and Nasdaq futures slipping nearly 1.8%.
Europe Next? Trump’s 50% EU Tariff Threat
In a parallel move, Trump also threatened a 50% tariff on all goods imported from the European Union. The President criticized what he called the EU's “unfair protectionist policies” and warned that unless substantial trade renegotiations occur, steep tariffs will be enacted.
The EU has not yet formally responded but officials in Brussels have hinted at the possibility of retaliatory tariffs on American goods.
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Implications for Global Trade
Trump’s twin threats represent a significant escalation in trade tensions. Analysts say these moves could trigger fresh rounds of trade wars, disrupt global supply chains, and further complicate recovery from economic instability.
What’s Next for Apple and the Global Economy?
Apple has yet to issue an official statement. However, insiders suggest the company may reevaluate its overseas production strategy or lobby for exemptions. Meanwhile, economists are bracing for the ripple effects these policies could have on global inflation, tech pricing, and international cooperation.
Conclusion
As Trump doubles down on his America-first trade policies, global tech companies and allied economies are left to calculate the consequences. The proposed tariffs could reshape the tech industry and alter the trajectory of U.S. trade policy for years to come.
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