Trump threatens tariffs on Apple, European Union
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Stocks dipped Friday after President Donald Trump threatened to impose new tariffs on imports from the European Union and iPhones made outside the United States.
5hon MSN
Apple’s stock has sold off on tariff fears, but the company still has a healthy business underpinned by a sticky ecosystem and robust array of services offerings.
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.