Reaction to Trump's Threat of 50% Tariffs on EU Goods

U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple he may impose a 25% tariff on iPhones manufactured outside the U.S.

Here is some reaction to the EU tariff news:

VOLVO CARS CEO HAKAN SAMUELSSON IN AN INTERVIEW WITH REUTERS:

Samuelsson said a 50% tariff would limit the ability of Volvo Cars to sell its Belgium-made EX30 electric vehicle in the United States...

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