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Trump tariffs: How have the markets reacted to the latest threats?

Author
Newstalk ZB,
Publish Date
Mon, 26 May 2025, 7:42pm

Trump tariffs: How have the markets reacted to the latest threats?

Author
Newstalk ZB,
Publish Date
Mon, 26 May 2025, 7:42pm

On Friday, US President Donald Trump threatened to impose 50 percent tariffs on the EU from June 1 due to slow progress on discussion.

He also threatened to put a 25 percent tariff on Apple (-3%) and other device makers if they don’t start moving production to the US.

Harbour Asset Management spokesperson Shane Solly revealed how the markets responded.

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