Donald Trump gave a shock to Apple and EU, Trump iPhone tariff caused a stir in the markets
Washington/Brussels – Former US President Donald Trump has once again created a storm in the global markets. This time Trump has created new pressure on both Apple and the European Union through the Trump iPhone tariff. Trump announced on Truth Social on Friday that he is going to impose a 50% tariff** on goods from the European Union – and along with this, Apple was also threatened that if iPhones are manufactured outside the US, then they will be subjected to 25% import tax.
These developments came as a big shock to global investors, who had been expecting de-escalation for weeks. But Trump’s new aggressive tone wiped out all optimism in seconds.
📉 Global Markets reaction – Another trade war?
Immediately after Trump’s latest Trump iPhone tariff announcement, markets witnessed a decline:
- S&P 500 fell 1.2%
- Nasdaq saw a loss of 1.5%
- European markets saw a decline of up to 1.7%
Stocks of Germany’s premium carmakers such as Porsche, Mercedes, and BMW fell by 2% to 4.5%. Shares of luxury brand EssilorLuxottica, which makes sunglasses, fell to 5.5%.
💬 Trump’s allegations against EU
Trump wrote in his post:
“The European Union, which was formed to loot the US in trade, has been a very difficult partner. Discussions are not going anywhere with them.”
Immediately after this, the EU Commission refused to comment and said that it would give a response only after a scheduled call with US trade chief Jamieson Greer.
EU envoys have called an emergency meeting in Brussels where trade response is being discussed.
📦 Direct attack on Apple – Effect of Trump iPhone tariff
Trump while addressing Apple CEO Tim Cook said:
“I have already told Tim Cook – if iPhones are made outside the US, then a tariff of 25% will be imposed on them.”
This statement further highlights the concept of Trump iPhone tariff. Apple has not officially commented on this, but the company is already shifting its production from China to India. According to one source, by 2026, Apple will manufacture most of its iPhones sold in the US in India.
🇪🇺 EU-US Trade: 500 Billion Euro business at risk
Last year, 500 billion euros worth of goods were exported from the EU to the US. The biggest share was from Germany, Ireland and Italy. Export categories include:
- Cars & Auto parts
- Pharmaceuticals
- Chemicals
- Aircraft
These were the top items. Trump’s new tariffs could have an impact on all of these.
According to XTB research director Kathleen Brooks:
“Trump’s relations with EU leaders are not good, which increases the chances of a prolonged trade war.”
📱 Impact on iPhone and smartphones industry
More than 60 million smartphones are sold in the US every year, but their production in the US is almost zero. If Trump applies Trump iPhone tariff, then Apple will either have to shift production or increase prices.
Volvo Cars CEO Hakan Samuelsson said:
“Customers will have to pay a major part of the tariffs. And it will be difficult to import some small cars into the US.”
🔚 Conclusion – Trade Deal or Trade Disaster?
Although some experts are optimistic that a deal will be reached between the US and the EU, Trump’s unpredictable approach and the specific Trump iPhone tariff have further increased the uncertainty in the markets.
The EU’s response and Apple’s production strategy in the coming days will decide the final outcome of this issue.
According to you, is it right to directly threaten a company with your power that if you set up your new factory somewhere else the tariff will increase? This is a way in which Trump is getting his way. Power is being misused here.