US President Trump threatens 50% tariffs on EU and 25% on iPhones | BBC News

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US President Donald Trump has said he is recommending a 50% tariff on all goods from the European Union being imported to the United States. He also threatened to impose a 25% import tax "at least" on iPhones not manufactured in America. "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 said. Today’s announcements mark an escalation of Trump's trade war with the EU, after he initially proposed a 20% tariff on most EU goods, but halved it to 10% until 8 July to allow time for talks. Subscribe here: For more news, analysis and features visit: #Tariffs #BBCNews