Trump ups Trade War with the EU and Apple

"President Donald Trump said Friday that he would impose a 50% tariff on the European Union starting June 1 and threatened 25% tariffs on Apple
AAPL
-2.46%
iPhones if they weren’t made in the U.S., reminding the market that the trade war is still very much on."

https://www.barrons.com/articles/trump-eu-tariffs-47edb6b5

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UBotMate

Same predictable tactics. Impose a high tariff to try and force a deal. More from the Business for Dummies book, particularly the How To Negotiate for Dummies chapter.

JonLosAngeles66 · M

@UBotMate countries don't negotiate like this. Our credit rating has been lowered and the bond market is being affected. Really bad stuff.

tenente · 36-40, M

@UBotMate @JonLosAngeles66 the only uncertainty is if Tim Cook only needs to give the President another $1 million this time or if the price went up