Trump threatens to impose 50% tariffs on European Union: will call to discuss trade issues

After Trump threatened to impose a 50% tariff on the European Union and a 25% tariff on Apple on May 23 local time, Apple's share price, US stock index futures and the euro fell, reigniting investor concerns about the impact of tariffs on the world economy and trade. The European Union Commission said on the 23rd local time that it refused to comment on the new developments of US trade tariffs until the European Union Commission Trade and Economic Security Commissioner Sefcovic called with US Trade Representative Grier. Later in the day, the two sides will call to discuss trade issues. (CCTV News)