President Donald Trump said on Friday morning that negotiations with the EU are "going nowhere" and threatened the countries with a 50% tariff.

President Trump is threatening a 50% tax on all imports from the EU as well as a 25% tariff on Apple products unless iPhones are made in America.

On Friday evening, Moody’s downgraded the United States’ overall credit-rating—from the highest level of AAA—to one notch lower, AA1, based on years of rising debt and Donald Trump’s tax cut plan, which the non-partisan Committee for a Responsible Budget has calculated could add $2.5 trillion more in debt.

Donald Trump can still cut deals and issue orders. But the U.S. president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China,

Syrian President Ahmad al-Sharaa, the former militant commander who led the overthrow, says he is working to build an inclusive government friendly to the West. Some Trump administration officials are pushing to lift or waive sanctions as fast as possible without demanding tough conditions first.

The latest Quantus Insights poll, conducted between May 18-20, shows that Trump is up 4 points among Democrats, with 11 percent approving of his job performance, up from 7 percent in an April poll. His disapproval rating also dropped from 91 to 87 percent.