AP Top News at 8:58 a.m. EDT

Trump threatens 50% tariffs on EU and 25% penalties on Apple as his trade war intensifies

WASHINGTON (AP) — President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social media, reflect Trump’s ability to disrupt the global economy with a burst of typing as well as the reality that his tariffs are not producing the sufficient trade deals he is seeking or the return of domestic manufacturing he has promised voters. The Republican president said he wants to charge higher import taxes on goods from the EU, a long-standing US ally, than from China, a geopolitical rival that had its tariffs cut to 30% this month so Washington and Beijing could hold negotiations.

Trump tariff threats on EU, Apple, send US futures and global markets skidding

U.S. futures and global markets slumped Friday after President Donald Trump posted a pair of tariff threats on social media, one aimed at Apple and the other at the European Union. Futures for the S&P 500 and the Dow Jones Industrial Average slid 1.5% and Nasdaq futures tumbled 1.7% before the bell. Oil prices fell and Treasury yields sank. Markets took a sharp turn downward after Trump posted on social media that he wants “a straight 50% Tariff” on the EU beginning June 1 because representatives of the bloc have been difficult in negotiations. European markets fell nearly immediately after Trump’s post on his own Truth Social site.

Ukrainian official says major prisoner swap with Russia is underway

CHERNIHIV REGION, Ukraine (AP) — An exchange of prisoners between Russia and Ukraine from their 3-year-old war was underway Friday, a senior Ukrainian official said, in one of the few signs of progress in international efforts to halt the fighting. The swap was not yet finished, according to the official, who spoke on condition of anonymity because he was not authorized to speak publicly. Moscow did not immediately confirm the exchange was underway. Ukraine and Russia agreed to the exchange of 1,000 prisoners from each side a week ago in Turkey in their first direct peace talks since the early weeks of Moscow’s 2022 invasion of its neighbor.

Harvard sues the Trump administration over ban on enrolling foreign students

WASHINGTON (AP) — Harvard University is challenging the Trump administration’s decision to bar the Ivy League school from enrolling foreign students, calling it unconstitutional retaliation for defying the White House’s political demands. In a lawsuit filed Friday in federal court in Boston, Harvard said the government’s action violates the First Amendment and will have an “immediate and devastating effect for Harvard and more than 7,000 visa holders.” “With the stroke of a pen, the government has sought to erase a quarter of Harvard’s student body, international students who contribute significantly to the University and its mission,” Harvard said in its suit.

Iran and US hold a fifth round of nuclear negotiations in Rome with enrichment a key issue

ROME (AP) — Iran and the United States began a fifth round of negotiations over Tehran’s rapidly advancing nuclear program Friday in Rome, with enrichment emerging as the key issue. U.S. officials up to President Donald Trump insist Iran cannot continue to enrich uranium at all in any deal that could see sanctions lifted on Tehran’s struggling economy. Iran’s Foreign Minister Abbas Araghchi early Friday insisted online that no enrichment would mean “we do NOT have a deal.” “Figuring out the path to a deal is not rocket science,” Araghchi wrote on the social platform X. “Time to decide.” The U.S.

Bonded by work and love, Israeli Embassy colleagues’ lives cut short by gunman

They were colleagues, and they were a couple, days away from a marriage proposal. But the interwoven lives of Yaron Lischinsky and Sarah Milgrim were brutally cut short Wednesday evening, when the two Israeli Embassy staffers were shot while leaving a reception for young diplomats at the Capital Jewish Museum. The suspect told police he “did it for Palestine,” according to court documents filed Thursday as he was charged with murder. He didn’t enter a plea. Milgrim, a 26-year-old American from Kansas, had devoted her burgeoning career to bringing people together to look for ways to promote peace and combat climate change, those who knew her say.

A Paris court will deliver the verdict in Kim Kardashian jewelry heist trial

PARIS (AP) — The robbery was over in minutes, the fallout long: Nearly a decade after robbers stormed Kim Kardashian’s luxury residence and tied her up at gunpoint, a Paris court will decide the verdict Friday in one of the most audacious celebrity heists in modern French history. Nine men and a woman stand accused of carrying out or aiding the crime during the 2016 Fashion Week, when masked men dressed as police entered Kardashian’s Paris residence, bound her with zip-ties and vanished with $6 million in jewels. After delivering final statements in court, the defendants were dismissed Friday morning, with a verdict expected later in the day.

At least 60 people killed by Israeli strikes in Gaza as Israel lets minimal aid in

DEIR AL-BALAH, Gaza Strip (AP) — At least 60 people were killed by Israeli strikes across Gaza in a 24-hour period, Gaza’s health ministry said Friday, as Israel pressed ahead with its military offensive and let in minimal aid to the strip. The dead included 10 people in the southern city of Khan Younis, four in the central town of Deir al-Balah and nine in the Jabaliya refugee camp in the north, according to the Nasser, Al-Aqsa and Al-Ahli hospitals where the bodies were brought. Israel is facing mounting international criticism for its latest offensive and pressure to let aid into Gaza amid a catastrophic humanitarian crisis.

Music talent agent among dead after jet crashes into San Diego neighborhood

SAN DIEGO (AP) — A private jet carrying a music talent agent and five others hit a power line in foggy weather early Thursday and crashed into a San Diego neighborhood, slamming into a home and killing multiple people on the flight. With the home engulfed in flames and jet fuel rolling down the streets, half a dozen vehicles ignited while residents in the neighborhood of U.S. Navy-owned housing were shaken awake just before 4 a.m. by the thunderous crash and subsequent explosions. Out their windows, they saw a wall of fire. “I can’t quite put words to describe what the scene looks like, but with the jet fuel going down the street, and everything on fire all at once, it was pretty horrific to see,” San Diego Police Chief Scott Wahl said.

North Korean leader furious over failed destroyer launch, vows to arrest those responsible

SEOUL, South Korea (AP) — North Korea is seeking to arrest those responsible for the failed launch of its second naval destroyer, as it denied the warship suffered major damage — a claim quickly met with outside skepticism. A statement from North Korea on its handling of the botched launch came after leader Kim Jong Un expressed fury over the incident that he said was caused by criminal negligence. The main military committee said Friday that those responsible would be held accountable for their “unpardonable criminal act.” Satellite imagery on the site showed the vessel lying on its side and draped in blue covers, with parts of it submerged.