Trump admin live updates: Trump threatens Apple with 25% tariff, EU with 50%
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Trump admin live updates: Trump threatens Apple with 25% tariff, EU with 50%
Trump said that the European bloc has been "very difficult to deal with
President Donald Trump on Friday threatened new tariffs against Apple and recommended the European Union face a 50% tariff rate starting next month.
Hundreds of the top investors in Trump's cryptocurrency meme coin gathered Thursday night for an exclusive dinner with the president -- what some critics are condemning as a brazen pay-for-play event.
On Capitol Hill, the House this week passed the "One Big Beautiful Bill Act" to fund Trump's domestic agenda. It now heads to the Senate, where it will likely be changed.
Trump says he’s recommending 'straight 50%' tariff on EU
President Trump said this morning that negotiations with the EU are "going nowhere" and said that he is "recommending a straight 50% Tariff on the European Union, starting on June 1, 2025" in a post on his conservative social media platform.
Trump said that the European bloc has been "very difficult to deal with."
"Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable," he said in the post.
European Union flags outside the EU headquarters in Brussels on May 6, 2025.
Nicolas Tucat/AFP via Getty Images
The 50% rate that Trump is threatening is markedly higher than the 39% reciprocal tariff rate that he imposed on them on the so-called "Liberation Day."
-ABC News’ Michelle Stoddart
1 hour and 50 minutes ago
Trump threatens Apple with 25% tariff
President Trump is calling on Apple to manufacture its iPhones in the U.S. – and threatening it with a tariff of 25% if it doesn’t.
Trump made the comments in a post on his social media platform, saying that the tech giant should not manufacture its phones in India or any other nation.
A person walks by the Apple store on Fifth Avenue in New York City, May 1, 2025.
Kylie Cooper/Reuters
"If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.," Trump said in the post.
-ABC News’ Michelle Stoddart
5:35 AM +06
Wasserman Schultz calls for increased funding for Office of Civil Rights
Rep. Debbie Wasserman Schultz, D-Fla., speaking with ABC News’ Selina Wang on Thursday afternoon outside the Capital Jewish Museum, called for the White House to increase funding for the Office for Civil Rights at the Department of Education as well as for nonprofit security, in the wake of the shooting Wednesday that killed two staff members of the Israeli Embassy.
“The Trump administration should be making sure that we increase funding for the Office of Civil Rights, that there needs to be more investigation funding available to hold universities and colleges accountable, but we also need to make sure we increase funding for nonprofit security grants,” to support security apparatuses and personnel for institutions like the Capital Jewish Museum, Wasserman Schultz said.
Wasserman Schultz had earlier joined fellow Jewish members of Congress in a news conference outside the museum.
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She said that the Trump administration “needs to stop freezing funds” appropriated by Congress that are meant to keep people safe.
“When we see that two young people could be murdered in cold blood as a result of an act of antisemitic hate, I don't know how much more evidence you need to you need to be clear that we need to increase that funding and make sure that no one has to worry about their life ending when they're attending an event at any institution,” she said.
Asked what Democrats are doing right now to fight for that, Wasserman Schultz said she and colleagues are working to increase that funding and to "balance expression of free speech alongside making sure that we can help stop antisemitic attacks in their tracks" and make sure students feel safe attending university.
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