President Trump’s latest tariff threat against the European Union hits a bloc that comprises the single-largest U.S. trade partner.

The full implications of the trade reconsiderations still aren’t clear. But the countries involved are some of Israel’s most important commercial partners.

President Trump on Friday revived his trade war, threatening to slap hefty tariffs on the European Union (E.U.) and to hit Apple with tariffs if it doesn’t manufacture in the United States. His

President Trump’s threat to impose 50% tariffs on European Union goods may be a negotiating gambit. But it also shows why reaching trade deals with major exporters including Japan and South Korea will be far tougher than with the U.

By Philip Blenkinsop, David Lawder, Stephanie van den Berg BRUSSELS/BANFF, Canada/THE HAGUE (Reuters) -U.S. President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all iPhones bought by U.

The European Union has agreed to reinstate quotas on imports of several agricultural goods from Ukraine, adding to the challenges faced by its war-hit economy.