President Donald Trump is proposing a 50% tariff on imported goods from the European Union, escalating his trade conflict with Europe. He also threatened a 25% import tax on Apple iPhones not produced in the United States.

• Trump's proposed tariffs would significantly increase the current 10% tariff on EU goods.
• Key figure: Tim Cook, CEO of Apple, has been informed about the potential tariff implications for iPhones.
• Trump emphasized that iPhones sold in the U.S. should be manufactured domestically, not in India or elsewhere.