Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions

Group 1: Tariff Threats - President Trump threatened to impose a 25% tariff on imported iPhones if Apple does not manufacture them in the U.S. [1][4] - Trump also proposed a 50% tariff on all EU goods starting June 1, 2025, unless they are made in the U.S. [2][7] - The U.S. has a trade deficit of over $250 billion, and Trump criticized the EU for exploiting the U.S. through various trade barriers [5][8] Group 2: Manufacturing and Trade Relations - Apple is shifting some production to India to reduce dependence on China and manage tariffs [5] - Trump emphasized that there would be no tariffs if products are manufactured in the U.S. [8] - The White House has already imposed a 25% tariff on imports of steel, aluminum, and cars, with additional tariffs planned if negotiations fail [11]