President Trump is threatening a 50% tax on all imports from the EU as well as a 25% tariff on Apple products unless iPhones are made in America.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,

President Donald Trump said he is recommending 50% tariffs on the European Union beginning next month, after saying trade talks “are going nowhere.” Trump levied a higher “reciprocal” tariff rate of 20% on the EU as part of his sweeping tariff plan unveiled at the beginning of April.