Trump’s latest tariff threats knock Wall Street, European stocks and Apple lower

NEW YORK (AP) — U.S. stocks fell after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week. The S&P 500 lost 0.7% Friday and had its worst week in the last seven. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 1%. The losses were sharper in Europe after Trump said trade talks were going nowhere. Apple dropped after Trump threatened a 25% tariff on smart phones made outside the United States. U.S. stocks pared their loss through the day as traders weighed whether Trump's latest…