EU and smartphone imports will be paid heavy rates, US President Donald Trump has announced – Tonald Trump NTC, which is imposed on the EU – will be imposed on the EU

US President Donald Trump has once again intensified the speculation of trade war. He threatened to impose a 50 per cent fee for all the EU imports from June 1 and 25 per cent for all smart phones made in the United States, including Apple’s iPhone. His report sparked global markets.

In his news on social media, Donald Trump said that business talks have been halted, targeting the EU. He wrote on social media, ‘Our discussions with him have not reached no conclusion.’ He accused the European conduct union and stressed that US products were banned in Europe.

Trump’s alert to Apple

Trump has warned that Apple has warned that the iPhone should be made at the domestic level, otherwise he will have to face a new fee. Trump said Apple CEO Tim Cook had a long time ago that he should be produced in the US.

He said he was going to India to build a plant, and I said it was good to go to India, but you won’t sell it here without a fee …. If he is going to sell the iPhone to the United States, I would like to make it in the United States.

Currently, most of its iPhone assembly are transferred to India to avoid Apple Chinese charges, but there is no public plan to transfer production to the United States. Researchers say that the production of iPhone in the United States will increase the price of thousands of dollars.

Trump later made it clear that the smartphone fee would be widely used on any foreign phone that can be installed by Apple, Samsung and June.

At the same time, last year, the European Union exported $ 500 billion worth of goods to the United States, including Germany, Ireland and Italy. 50 % of the fees will affect products such as cars, pharmaceuticals and planes, which will increase the costs of US consumer.

European trading president Maros Sefkovic appealed for peace and called for mutual respect, while Dutch Prime Minister Dick Skaf said that the threats of fees were part of the US conversation strategy before.

Twists in the world market

After Trump’s report, there was a bustling in the market. American and European stocks have found a decline, and the treasury income has declined and gold prices have increased amid the concern of investors. Also, Apple’s stocks declined by 3 percent.