Trump threatens to impose 50% tariff on European products 

US President Trump has threatened to impose a steep 50% tariff on imports from the European Union starting June 1.
Trump warned in a separate post on Friday.

According to the  post, he had ‘long ago’ told Apple CEO Tim Cook that iPhones have to be manufactured in the United States — ‘not India, or anyplace else’ — or he would impose a tariff of at least 25% on them. 

He did not give a specific date for when he would impose that tariff.

Trump had eased off on tariff threats since early April, when he announced tariffs on nearly every country, only to pull many of them back a week later for what he described as a 90-day pause after stock markets had plunged and economists warned of recession.