'Mr. President, we could do without another bombshell': How market pros are reacting to Trump's Apple and 50% EU tariff threats

U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple along with imports from the entire European Union, roiling global markets. Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not manufactured, in the United States. He also said he would recommend a 50% tariff on the European Union to begin on June 1. Stock indexes in the U.S. and across Europe fell, although they pared earlier sharper losses. The U.S. benchmark S&P 500 was down about 0.8% and the pan-European STOXX 600 index was last down 1.1%. Here's…