President Trump on Friday revived his trade war, threatening to slap hefty tariffs on the European Union (E.U.) and to hit Apple with tariffs if it doesn’t manufacture in the United States. His moves represented an about-face after weeks in which markets had rallied to Trump’s pausing of his “Liberation Day” tariffs on much

America’s highest-profile retail chains are walking a difficult tightrope — trying to blunt the financial hit from tariffs by raising prices for consumers without angering them or President Donald Trump.