Apple Shares Fall 3% As Trump Threatens 25% Tariff—Sparking Market Selloff

ToplineAll three market indexes fell Friday after President Donald Trump threatened 50% tariffs on the European Union and at least 25% levies on Apple, whose stock was at the forefront of a broader market selloff, unless the company shifts iPhone production to the U.S.Trump claimed a 25% tariff “must be paid by Apple” unless the company shifted iPhone production to ... More the U.S.Getty ImagesKey FactsThe Dow Jones Industrial Average fell by more than 300 points, or about 1%, while the tech-heavy Nasdaq dr ...