Stock markets declined after the president’s early morning threats of import taxes of 25 percent on iPhones and 50 percent on goods from Europe.

The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing. View Entire Post ›

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.