President Donald Trump may run into a sticky situation with the European Union and his Federal Trade Commission chief over Big Tech regulations. In February, Trump vowed to hit countries that enact “discriminatory,

MORRISTOWN, N.J. — President Donald Trump said Sunday that he would delay tariffs that were set to be imposed next week on the European Union until July 9.

President Donald Trump reignited trade tensions ahead of the Memorial Day weekend with back-to-back social media posts targeting Apple and the European Union, sending global markets into turmoil after weeks of de-escalation provided some reprieve.

President Donald Trump hailed his threatened 50% tariff on the European Union as a “success” Tuesday after he said the bloc worked to fast-track negotiations. The president announced a blanket 50% tariff on all EU goods last week,

The European Union has taken a proactive stance by agreeing to speed up trade discussions with the United States. This decision comes in response to President Donald Trump's recent threats of imposing additional tariffs on European imports.

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

Trump said he planned to increase tariffs on imported steel and aluminum to 50% from 25%, deepening his trade war.

Stocks closed down on Friday after President Donald Trump threatened new tariffs targeting tech giant Apple and the European Union. The Dow Jones Industrial Average closed down 256 points, or 0.6%, while the S &P 500 declined 0.6%. The tech-heavy Nasdaq fell 1%.

In the face of renewed trade tensions and the unpredictability of President Donald Trump's tariff policies, the European Union (EU) is striving to prevent the imposition of U.S. tariffs.

The European Commission reacted strongly to Donald Trump's decision to raise tariffs on steel and aluminum imports from the EU to 50 percent. Brussels announced possible retaliatory measures and warned that this move would harm the global economy and affect industries on both sides of the Atlantic.