President Trump rattled markets again Friday with new tariff threats. The president is calling for high taxes on imported iPhones and goods from Europe.
President Trump's threat of 50% European Union tariffs could make U.S. manufacturing even more difficult as it raises the price of key industrial imports.
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.