The president's post pushed down U.S. stocks and European markets, with indexes in Germany and France dropping around 1.7%.

Trump’s post immediately pushed down U.S. stock futures and European markets, with indexes in Germany and France plunging 2%.

Donald Trump threatened imports from the European Union with a sweeping 50% tariff Friday, posting online that trade talks with the bloc are “going nowhere.”

In a post on his Truth Social platform, Trump wrote that he was “recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”

Just minutes earlier, Trump had also threatened Apple with a 25% tariff if it does not start producing iPhones in the United States — an outcome industry experts broadly see as a nonstarter.

“The concept of Apple producing iPhones in the U.S. is a fairy tale,” prominent tech analyst Dan Ives said in response to Trump’s threat Friday.

  • Buffalox@lemmy.worldEnglish
    15·
    22 hours ago

    I think here we call it. “Don’t interrupt your enemy when he is busy destroying himself.”

    • madame_gaymes@programming.devEnglish
      101·
      20 hours ago

      Pretty sure that’s a French thing (Napoleon), but maybe you’re French and that’s what you mean by “here.”

      Sun Tzu also said something similar before Napoleon (Art of War, Ch 4-2):

      To secure ourselves against defeat lies in our own hands, but the opportunity of defeating the enemy is provided by the enemy himself.

      • Buffalox@lemmy.worldEnglish
        7·
        20 hours ago

        Here is “the west”.
        Maybe Napoleon said it first IDK. I’m from Denmark, but I heard it from Americans.