LIVE: New York Stock Exchange opens as Trump re-escalates trade threats

Wall Street dropped at the open after President Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if its phones were not made in the U.S.

#trade #nyse #wallstreet #markets #economy #tariff #trump #apple

Keep up with the latest news from around the world: https://www.reuters.com/

Post from Reuters on May 23, 2025