Trump Threatens 50% Tariffs on EU, 25% on iPhones: A Global Market Shake-Up?

Donald Trump's tariff threats against the EU and Apple send shockwaves through global markets. The former president's Friday Truth Social post announcing potential 50% tariffs on EU goods and 25% on iPhones has sparked immediate concern among international trade experts. ITV News spoke with US correspondent Dan Rivers in Washington D.C. for insight into the situation. "What's prompted this is the beginning of trade talks between the US and Europe," Rivers explained, adding, "I think a lot of people will look at this quite skeptically, given how much chopping and changing there has been when it comes to trade policy." The potential impact on global markets and the likelihood of the tariffs being implemented are central concerns. Rivers points out that tariffs have fluctuated recently, suggesting this threat could be a negotiating tactic. Trump's comments also included criticism of the UK's use of wind power, adding another layer of complexity to his trade pronouncements. The situation remains fluid and requires close monitoring as trade discussions progress.