Friday, June 13, 2025
spot_img
spot_img
spot_img
spot_img

Trump threatens 50 pc tariffs on EU, 25 pc penalties on Apple

New York, May 24, 2025
US President Donald Trump has threatened a 50 per cent tax on all imports from the European Union as well a 25 per cent tariff on Apple products unless iPhones are made in the United States of America.

“The threats, delivered over social media, reflect Trump’s ability to disrupt the global economy with a burst of typing, as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing he has promised voters,” reported The Associated Press about the move.

The Republican President said he wants to charge higher import taxes on goods from the EU than from China, Xinhua news agency reported.

Trump was upset by the lack of progress in trade talks with the EU, which has proposed mutually cutting tariffs to zero even as the President has publicly insisted on preserving a baseline 10 per cent tax on most imports.

“Our discussions with them are going nowhere!” Trump posted on Truth Social.

“Therefore, I am recommending a straight 50 per cent Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States.”

That post had been preceded by a threat of import taxes against Apple for its plans to continue making its iPhone in Asia.

Apple now joins Amazon, Walmart and other major US companies in the White House’s crosshairs as they try to respond to the uncertainty and inflationary pressures unleashed by his tariffs.

“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump wrote.

“If that is not the case, a Tariff of at least 25 per cent must be paid by Apple to the US.”

The core of Trump’s argument against the EU is that America runs a “totally unacceptable” trade deficit with the 27 member states.

Countries run trade deficits when they import more goods than they export.(Agency)

Popular - Latest

[td_block_social_counter custom_title="Connect" block_template_id="td_block_template_18" facebook="yespunjab" twitter="yespunjab"]

Punjab News

TRANSFERS & POSTINGS

Maharashtra govt transfers eight bureaucrats

Mumbai, June 10, 2025 The Maharashtra government in an administrative shake up on Tuesday transferred eight bureaucrats. Nitin Patil, an IAS officer of 2007 batch, who...

Punjab Police Transfers – DSP Samana Among 3 PPS officers Transferred – THE LIST

Chandigarh, June 7, 2025 (Yes Punjab News) The Punjab Government Saturday ordered the transfers and postings of 3 DSP-level officers with immediate effect. The transferred...

Punjab Police Promotions – 70 Inspectors Promoted as DSPs – THE LIST

Chandigarh, June 6, 2025 (Yes Punjab News) The Punjab Government has ordered to promote 70 Police Inspectors to the post of Deputy Superintendents of Police...

Major bureaucratic reshuffle in Bihar, 47 IAS officers transferred – THE LIST

Patna, May 31, 2025 In a major bureaucratic reshuffle in Bihar, the state government has transferred 47 IAS officers, including District Magistrates (DMs) from several...

Delhi High Court Issues Transfer Orders for 140 Judges – Complete LIST Here

New Delhi, May 31, 2025 (Yes Punjab News) Delhi High Court has ordered the transfers and postings of 140 Judicial Officers/Judges with immediate effect. The transferred...

135 District-Level Judges Transferred by Delhi High Court – Read the Official List

New Delhi, May 31, 2025 (Yes Punjab News) Delhi High Court has ordered the transfers and postings of 135 District Judge level Judicial Officers with...

NRIs - OCIs

INDIA

PM Modi visits Ahmedabad Air India Plane Crash

Loss of so many lives in such sudden and heartbreaking manner beyond words: PM Modi

New Delhi, June 13, 2025 Prime Minister Narendra Modi, who visited the site of the Air India Boeing 787-8 Dreamliner crash and met with the...
Apple Trees

Thieves steal 400 high density apple trees of physically challenged farmer in J&K’s Shopian

Srinagar, June 13, 2025 Thieves struck overnight at the apple nursery of a poor, physically challenged farmer in Jammu and Kashmir’s (J&K) Shopian district and...
Air India Crash

33 from Anand, 17 from Kheda perish in plane crash leaving Gujarat shell-shocked

Ahmedabad, June 13, 2025 As India grapples with the devastating Air India plane crash in Ahmedabad, the Charotar region comprising Anand and Kheda districts has...
PM Modi meet Vishwash Kumar Ramesh

‘I can’t believe I survived’, says lone survivor of Air India crash in emotional meeting with PM Modi

Ahmedabad, June 13, 2025 Prime Minister Narendra Modi on Friday met Vishwash Kumar Ramesh, the sole survivor of the devastating Air India plane crash. Ramesh,...
CM-Pinarayi-Vijayan

Israel for long has been known as rowdy nation: CM Vijayan

Thiruvananthapuram, June 13, 2025 Kerala Chief Minister Pinarayi Vijayan on Friday reacted to Israel's airstrikes across Iran, saying this was not acceptable. “Israel, for long, has...

WORLD

India China Flag 1

India, China agree to resume direct flights soon

New Delhi, June 13, 2025 India and China have agreed to expedite steps to resume direct air services between the two countries and also hold...
donald-trump-speaking

‘Terrible, one of the worst in the aviation history’: US President Trump on Air India plane crash

New Delhi, June 12, 2025 US President Donald Trump on Thursday termed the Air India flight AI-171 crash near Ahmedabad airport as a terrible one...
Donald-Trump

‘India a big & strong country, can handle this’: Trump grieves Air India plane crash, says US ready to assist

New Delhi, June 12, 2025 US President Donald Trump on Thursday termed the Air India flight AI-171 crash near Ahmedabad airport as a terrible one...
Air India Dreamliner crash

US monitoring Air India crash, says Secretary of State Rubio

New York, June 13, 2025 US Secretary of State Marco Rubio has said that the United State was monitoring the developments in the Air India...
Marco-Rubio

We are not involved: US distances itself from Israel’s attack on Iran

Washington, June 13, 2025 US Secretary of State Marco Rubio on Friday called Israel's attack on Iran a ‘unilateral action’, asserting that the US had...
spot_img
spot_img

SHOWBIZ

SPORTS & GAMES

BUSINESS

GADGETS & TECH

Apple-building

Apple unveils new software design crafted with Liquid Glass

Cupertino (California), June 9, 2025 Apple on Monday previewed a beautiful new software design that makes apps and system experiences more expressive and delightful while...
Apple iPhone iOS Updates

Apple boosts iPhone experience with iOS 26, unveils watchOS 26 and iPadOS 26

Cupertino (California), June 9, 2025 Apple on Monday previewed iOS 26 at its flagship developer conference here, a major update that brings a beautiful new...
Apple WWDC 2025

WWDC 2025: Apple delivers biggest visual overhaul after iOS 7 in AI era

Cupertino (California), June 10, 2025 Analysts on Tuesday said that this year, Apple highlighted its one of the core strength: delivering a unified and seamless...
Apple WWDC 2025

WWDC 2025: Apple to cover a lot of ground around operating system, AI upgrades

New Delhi, June 7, 2025 Apple is likely to cover a lot of ground around comprehensive operating system upgrades and a unified system front at...
microsoft

Microsoft lays off more employees after huge job cut in AI era

New Delhi, June 3,2025- Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce...

OPINIONS

LIFESTYLE