🔹 The Move: President Trump has announced a 50% tariff on European Union imports starting June 1, 2025—a dramatic escalation in trade tensions[](https://tribune.com.pk/story/2547542/trump-fires-new-50-tariff-threat-at-eu "1").
🔹 The Impact:
📉 Markets reacted swiftly—stocks tumbled, the dollar weakened, and gold prices surged as investors sought safe havens[](https://www.thestar.com.my/business/business-news/2025/05/24/trump-threatens-new-tariffs-on-european-union-and-apple-reigniting-trade-fears "2").
🚗 European automakers, luxury brands, and agricultural exports could take a major hit, while U.S. consumers may face higher prices on imported goods[](https://www.asiaone.com/world/trump-threatens-new-tariffs-eu-and-apple-reigniting-trade-fears "3").
💬 EU leaders are calling for de-escalation, but Trump insists negotiations are "going nowhere"[](https://www.rte.ie/news/europe/2025/0524/1514698-eu-urges-respect-not-threats-as-trump-pushes-50-tariff/ "4").
🔹 The Bigger Picture:
🌍 Could this spark a global trade war? The EU is considering retaliatory tariffs worth €100 billion ($113 billion)[](https://tribune.com.pk/story/2547542/trump-fires-new-50-tariff-threat-at-eu "1").
📱 Apple is also in the crosshairs, with Trump threatening a 25% tariff on imported iPhones unless production moves to the U.S.[](https://www.thestar.com.my/business/business-news/2025/05/24/trump-threatens-new-tariffs-on-european-union-and-apple-reigniting-trade-fears "2").
🔹 What’s Next?
💰 Will this pressure the EU into a deal, or will it backfire on U.S. businesses and consumers?
📊 The 90-day pause on reciprocal tariffs expires soon—expect more volatility ahead[](https://www.msn.com/en-us/money/markets/markets-slide-after-trump-lobs-tariff-threats-at-apple-and-eu/ar-AA1Fm9SS "5").
🔥 Your thoughts? Will this reshape global trade or lead to economic turmoil? Drop your take below! 👇