Trump reignites trade fears with new tariff threat

Trump warns EU, electronics firms of steep tariffs unless manufacturing shifts to the U.S., rattling global markets and weakening the dollar.

Former President Donald Trump has issued a fresh warning to the European Union and electronics giants, threatening steep tariffs if manufacturing doesn’t move to the U.S.

The timing has shaken global markets, just as optimism was growing after recent agreements with the UK and China.

Trump made clear: he’s not interested in a deal, sending equities tumbling and weakening the U.S. dollar in response.

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