Trump's Trade Spat With Europe And Apple Revives Tariff Risks For S&P 500
Just as Wall Street seemed as though a sense of stability was finally seeping into 2025, President Trump served a timely reminder that tariff uncertainty will continue to drive market volatility. The President announced that he would be "recommending" sweeping 50% tariffs on all European Union imports, due to start on June 1, as a result of a perceived lack of progress in trade negotiations with the bloc. Trump elaborated that factors like the EU's trade barriers, VAT taxes, corporate penalties, non-monetar ...