Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions

President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands. 

In two quick-fire posts on Truth Social, Trump warned he would slap a 25% tariff on imported iPhones if Apple refuses to make the smartphones in the U.S. The move comes after Trump met with Apple CEO Tim Cook at the White House on Wednesday, Fox confirmed.

Trump also threatened the EU with a straight 50% tariff, writing that the bloc has been very difficult to deal with in trade negotiations. 

"I have long ago informed Tim Cook of Apple that I expect their iPhones 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. 

 

GAS PRICES HIT 4-YEAR LOW AHEAD OF MEMORIAL DAY WEEKEND

"If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank you for your attention to this matter!"

Bringing back manufacturing jobs to the U.S. is a cornerstone of Trump’s "America First" agenda, with Trump also calling out Cook last week in Qatar, saying that he had a "little problem" with the tech giant using facilities in India to make iPhones for sale in the U.S.

Apple has been turning to India for more future production of phones destined for the American market to try to reduce its dependence on China for manufacturing and deal with tariffs, according to Bloomberg. 

Meanwhile, Trump accused the EU of exploiting the U.S. through trade barriers, taxes, penalties and lawsuits. 

 

He said the U.S. has a trade deficit of more than $250 billion and that current trade negotiations are "going nowhere."

Trump is proposing a 50% tariff on all EU goods starting June 1, 2025 unless they are made in the U.S.

"The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with," Trump wrote. 

"Their powerful trade barriers, vat taxes, ridiculous corporate penalties, non-monetary trade barriers, monetary manipulations, unfair and unjustified lawsuits against American companies, and more, have led to a trade deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable."

"There is no tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!"

 

The EU tariff threat comes after Vice President JD Vance met European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni on Sunday.

The White House has imposed a 25% tariff on imports of steel, aluminum and cars, as well as a baseline 10% tariff on almost all countries, with additional "reciprocal" tariffs -- making for a combined 20% in the EU's case -- lined up if negotiations during a 90-day pause fail.

A 90-day negotiation period is set to expire on July 8.

Fox Business' Aislinn Muprhy contributed to this report.