Wall Street falls at its opening after Trump's new tariff threats

The New York Stock Exchange opened lower on Friday, weighed down by new threats from Donald Trump, who proposed imposing tariffs of 50% on imported products from the European Union (E.U.) and a minimum surcharge of 25% on Apple products.

In early trading, the Dow Jones lost 1.15%, the Nasdaq index fell 1.6% and the broader S&P 500 index dropped 1.19%. Apple, meanwhile, fell 2.6%.