<ul><li>President Trump threatened to raise tariffs on Apple if their iPhones sold in the U.S. are not manufactured in the country.</li><li>Apple and other smartphone manufacturers have been increasing U.S.-bound product shipments from India to avoid tariffs on imports from China.</li><li>Trump also threatened a 50% tariff on the European Union starting on June 1, 2025, due to trade barriers and trade deficit issues.</li><li>EU has sought clarity from the U.S. regarding the tariff threat, with existing tariffs in place on some goods from the EU.</li></ul>

Trump Threatens to Raise Tariffs on Apple and European Union

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