this post was submitted on 23 May 2025
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Trump’s post immediately pushed down U.S. stock futures and European markets, with indexes in Germany and France plunging 2%.

Donald Trump threatened imports from the European Union with a sweeping 50% tariff Friday, posting online that trade talks with the bloc are "going nowhere."

In a post on his Truth Social platform, Trump wrote that he was "recommending a straight 50% Tariff on the European Union, starting on June 1, 2025."

Just minutes earlier, Trump had also threatened Apple with a 25% tariff if it does not start producing iPhones in the United States — an outcome industry experts broadly see as a nonstarter.

"The concept of Apple producing iPhones in the U.S. is a fairy tale," prominent tech analyst Dan Ives said in response to Trump's threat Friday.

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[–] kikutwo@lemmy.world 79 points 18 hours ago (1 children)

I thought everyone was dying to make a deal with you Orange?

[–] floofloof@lemmy.ca 53 points 18 hours ago* (last edited 18 hours ago) (1 children)

"I've made 200 deals."

Donald Trump, April 25th 2025

Then people pointed out that's more deals than there are countries, then he started whining about how no one would make a deal with him. And now I think he made one deal with the UK, which he'll probably go back on next week.

[–] Buffalox@lemmy.world 33 points 18 hours ago* (last edited 18 hours ago) (1 children)

UK just made a deal with EU including foods. This will make a chlorinated American chicken deal impossible. So I bet Trump could be pretty pissed about that if anybody tells him.

[–] NoForwardslashS@sopuli.xyz 12 points 16 hours ago* (last edited 16 hours ago)

He'd be pissed off constantly if he could read