Wall Street shares have been tumbling after US President Donald Trump reignited trade tensions, threatening a 50% tariff on the EU and at least 25% on Apple if it does not shift iPhone production to the US. The move has shifted market focus back to Trump’s aggressive trade stance after the Republican-controlled US House of Representatives passed the president’s sweeping tax and spending bill.
#Trump #Tariffs #Economy
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Author: DW News
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News post in May 24, 2025, 3:04 am.
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