News Wrap: Trump threatens new tariffs on EU imports and iPhones
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 23 May 2025
⏱️ 6 minutes
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| 0:00.0 | At the day's other headlines with the latest escalation in President Trump's trade wars. |
| 0:04.9 | In a pair of social media posts early today, Mr. Trump said he's recommending a 50% tariff on all imports from the European Union starting June 1st and a 25% tariff on Apple's iPhones unless they're made in America. |
| 0:18.4 | Speaking to reporters today, the president said talks with the EU have been too slow moving |
| 0:23.6 | and that he's not necessarily looking to make a deal. |
| 0:25.6 | His Treasury Secretary, Scott Bessent, told Fox, |
| 0:28.6 | I would hope this would light a fire under the EU. |
| 0:31.6 | In response, European leaders said the tariffs would only disrupt the global economy. |
| 0:36.6 | The reaction obliq the European Commission. The reaction oblique the European Commission to respond. |
| 0:42.3 | I believe that such tariffs do not help anyone, but would only lead to economic development in both markets to suffer as a result. |
| 0:50.3 | As for Apple, CEO Tim Cook said earlier this month that most iPhones being sold in the U.S. are currently coming from India. |
| 0:58.5 | Experts say it would take Apple several years and cost billions of dollars to move production here. |
| 1:04.0 | And the iPhone itself could cost triple what it does now. |
| 1:07.9 | The Department of Justice has reached a deal with Boeing that allows the plane maker |
| 1:11.8 | to avoid prosecution for crashes involving its 737 max aircraft. Under the agreement, Boeing |
| 1:18.3 | will pay more than $1.1 billion in fines, safety improvements, and compensation for victims' families. |
| 1:25.1 | The deal reverses a separate agreement reached last year during the |
| 1:28.7 | Biden administration in which Boeing had agreed to plead guilty. Relatives had long called for a |
| 1:34.1 | public trial after 346 people died in separate crashes back in 2018 and 2019. The current deal |
| 1:41.8 | still needs to be finalized. Turning to the Middle East, health officials in Gaza |
| 1:46.1 | say Israeli airstrikes killed at least 60 people overnight and into this morning. Israel says |
| 1:51.7 | it targets militants and has vowed to press ahead until Hamas disarms. Meantime, aid is finally trickling in after Israel ended its months-long blockade. |
| 2:04.7 | But the UN says only 115 of its 400 aid trucks in Gaza |
... |
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