(Reuters) – The New York Stock Exchange opened up sharply on Friday, sealed by the new trade threats from US President Donald Trump against the European Union (EU) and Apple.

In the first exchanges, the Dow Jones index loses 475.00 points, or 1.13% to 41,384.09 points and the Standard & Poor’s 500, wider, fell from 1.18% to 5,772.84 points.

The Nasdaq Composite gives in 1.57%, or 297.75 points, to 18,627.98 points.

The American indices are agitating Friday with the announcements of the tenant of the White House, which recommended direct customs duties of 50% on the EU as of June 1, 2025, deploring that the very difficult “commercial negotiations with Brussels.

Donald Trump also said that Apple should pay customs duties at least 25% on iPhones that are not manufactured and built in the United States.

The concerns about the often erratic commercial policy of the American president resurfaced after having already caused a massive sale of American assets in early April, when Washington announced exorbitant “reciprocal” customs duties against most countries in the world.

Donald Trump had then announced a suspension of most of these surcharges for a period of 90 days, in order to give way to negotiations, although few talks have led so far.

“To a certain extent, we have already seen this before. Donald Trump, when he does not get what he wants in negotiations, tends to climb,” said Kallum Pickering, analyst at Peel Hunt.

Apple fell by 2.5% in the first exchanges.

The actions of large American banks are also in red, Goldman Sachs, Jpmorgan and Wells Fargo backing around 1%, as well as most megacapitalizations, including Amazon and Nvidia.

The semiconductor sector also suffers: Advanced Micro Devices and Intel lose 1.6% and 2% respectively.

The Nike sports clothing giant dropped by 3.1 % and the 4.3 % Best Buy electronics retailer.

(Written by Diana Mandiá, edited by Augustin Turpin)

Copyright © 2025 Thomson Reuters