HomeMarketsU.S. EconomyTrump Threatens Tariffs on AAPL, Says 50% Tariff Coming for E.U.

Trump Threatens Tariffs on AAPL, Says 50% Tariff Coming for E.U.

Kevin Green kicks off Morning Movers with immediate reaction to President Trump's latest bout of tariff tirades. On Truth Social, Trump recommended a 50% tariff on the European union starting June 1 and added a 25% tariff "must be paid by Apple" on iPhones not made in the United States. AAPL shares are on pace for 8-straight down days. VIX rose to 2-week highs, as equity futures pulled back ahead of Friday's open.

Morning Movers

23 May 2025

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