US President Donald Trump threatened to impose a 50 per cent tariff on all goods sent to the US from the EU on Friday, raising fears of a renewed trade war. Trump has also expressed frustration at delays in agreeing a deal with the EU,

Trump’s advisers have privately expressed irritation to European officials that EU member nations’ differing trade priorities have slowed down the talks, according to people familiar with the discussions.

The president threatened both Apple and the European Union with higher tariffs on Friday, saying trade talks with the Europeans had stalled.