President Donald Trump said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations have stalled.

The ports of Los Angeles and Long Beach rival most cargo hubs in the world. The tariffs imposed by President Trump may force the ports to reinvent themselves — again.

The president has publicly condemned multiple companies as the administration attempts to prioritize domestic manufacturing.

President Donald Trump threatened the European Union with 50 percent tariffs. More tariff turmoil: Trump is also waging war on Apple, threatening 25 percent tariffs if it doesn’t shift iPhone production to the United States — that could mean price hikes. Stock markets fell slightly with the news.

Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.

Analysts warn that the Bitcoin rally may be a "trap" as Trump's tariff threats expose the market's macro fragility.

Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.