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Stock markets declined after the president’s early-morning threats of 25 percent import taxes on iPhones and 50 percent on ...
The threat delivered over social media could dramatically increase the price of iPhones. Trump also threatened a 50% tax on all imports from the European Union.
The threats sent European stocks tumbling ahead of the long weekend in the U.S. Apple stock dropped 3% at the opening bell on Wall Street.
Per Reuters, Apple has been stepping up some parts of iPhone production in India, as China faces much higher tariffs from the ...
Stock markets were down in early trading on Friday after President Donald Trump said he wanted to impose a 50-percent tariff on the European Union and a new 25-percent tariff on iPhone maker Apple.The ...
President Donald Trump launched a pair of fresh tariff threats via social media Friday, signaling a new 50% trade levy on ...
The Friday announcement from the president came after a week of ups and downs, including Moody's downgrading the nation's ...
Apple shares led tech losses, falling 3%, while benchmark Treasury yields slipped as investors sought safer assets.
By Philip Blenkinsop, David Lawder and Stephanie van den Berg BRUSSELS/BANFF, Canada/THE HAGUE (Reuters) -U.S. President Donald Trump threatened on Friday to ratchet up his trade war again, pushing ...
U.S. stocks are falling on Friday after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.
Trump threatens 50% tariff on EU goods starting June 1, 2025. Apple faces 25% tariff unless it manufactures iPhones in U.S. EU and Apple push back, citing trade balance and logistics. WASHINGTON ...
Trump detailed the potential duties in two Truth Social posts published today. Apple and EU companies could face tariffs of at least 25% and 50%, respectively. Trump later added that the duties ...