Dow Jones Drops as Trump Threatens Tariffs on Apple and EU

Stock markets experienced significant losses today, with the Dow Jones Industrial Average dropping by 234 points, marking a 0.56% decrease. The market downturn was triggered by President Trump’s renewed trade threats targeting Apple and the European Union. Trump threatened to impose tariffs on Apple if they did not shift manufacturing of their iPhones to the U.S., potentially increasing consumer costs significantly.