<ul><li>President Trump has announced a 50% tariff on European Union goods starting June 1, 2025, with exemptions for products built or manufactured in the United States of America.</li><li>The tariff announcement is part of negotiations as discussions with the EU have not been fruitful, aiming to address trade deficits and barriers.</li><li>The Trump administration has criticized the EU for regulations on American technology firms, threatening tariffs to combat what they see as unfair practices.</li><li>In other news, Apple is expected to manufacture iPhones domestically, while plans for a camera-integrated Apple Watch are scrapped, and the company plans to launch smart glasses by the end of 2026.</li></ul>

President Trump slaps 50% tariff on EU goods starting June 1st, exempts American-made products

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