In a renewed clash over trade, President Trump has threatened to impose steep tariffs of 50% on European Union imports and 25% on Apple iPhones, prompting concerns about potential impacts on the tech giant and the stock market. Following a temporary delay on these tariffs, which has buoyed Wall Street with significant gains, Trump continues to push for American manufacturing, challenging Apple to consider relocating production to the U.S. Amidst this backdrop, investor sentiment remains optimistic as discussions with the EU progress, despite fears of an escalating trade war. Meanwhile, experts emphasize that achieving a viable trade deal requires mutual respect rather than intimidation, raising questions about the current dynamics between the U.S. and Europe.