Trump's Trade Spat With Europe And Apple Revives Tariff Risks For S&P 500
1. Trump announced a potential 50% tariff on EU imports starting June 1. 2. Apple's iPhones may face a 25% tariff if manufactured outside the U.S. 3. Market sentiment is volatile amid uncertainty surrounding tariffs and trade negotiations. 4. Tariffs could severely impact major tech stocks, including Apple in the S&P 500. 5. AAPL stock fell 3.72% following Trump's tariff threats on May 23.