Trump threatens tariffs on Apple, European Union
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President Trump on Friday took aim at Apple and the European Union in a significant escalation of his ongoing trade war. In a one-two posting spree on Truth Social early Friday, he threatened Apple with 25% tariffs on non-US-made iPhones,
U.S. President Donald Trump on Friday once again threatened to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1, sending European stocks tumbling.
Losing track of all the tariffs? President Trump’s threats against European Union goods and Apple iPhone imports on Friday came after a few weeks of relative trade calm, following his rollback of many China levies in early May.
Important measures of the economy like the unemployment rate and inflation have stayed stable so far despite President Donald Trump's trade wars, but that could soon change, forecasters say.
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By June, shoppers at the budget-friendly retailer may start to see higher prices on the shelves for these goods.
Here’s how Amazon sellers can adapt, work to remain profitable and build long-term resilience in a supply chain landscape that’s changing by the day.
“Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop all recent tariff measures is unchanged and that he stands by plans to push for Japanese investment to create more jobs in the U.S. in exchange.
Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.