Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
1. Trump threatens a 25% tariff on imported iPhones unless made in the U.S. 2. Apple has increased production in India to reduce reliance on Chinese manufacturing. 3. Trade negotiations with the EU are criticized as ineffective with looming tariffs. 4. Trump's agenda focuses on American manufacturing and reducing the trade deficit. 5. Tim Cook's meeting with Trump indicates ongoing corporate pressures from the administration.