President Donald Trump said that the tariffs he threatened against Apple Inc. earlier Friday would also be aimed at a wider range of device makers including Samsung Electronics Co. to spur them into moving manufacturing of their products to the US.

This breaking news story is being updated and more details will be published shortly.

The announcement widens the scope of the potential tariff on tech companies, which aims to move production out of countries like China and India.

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

The initial market response reflected revived fears that tariff policy could knock economic growth. U.S. and European stocks fell.