Wall Street opens sharply lower, Dow Falls Over 400 points after Trump's tariff threats on EU & Apple, global sell-off ensues
Friday, 23 May 2025 US stock markets plunged following President Trump's tariff threats on EU goods and Apple. The Dow fell by 1.04%, the S&P 500 by 1.15%, and the Nasdaq by 1.59%. Apple shares dropped 3.8%. European markets also declined, while gold prices surged. Oil prices decreased amid global demand concerns. Asian markets closed mixed, reflecting widespread caution.
President Donald Trump demanded Apple and other smartphone makers like Samsung make their phones in the United States or face a 25% tariff. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in...
US President Donald Trump reacts with humor to the viral clip of French President Emmanuel Macron playfully pushed by his wife Brigitte. Speaking from the Oval Office alongside Elon Musk, Trump shares..
President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press..
In a rare and fiery interview on CBS Sunday Morning, Elon Musk breaks ranks with Donald Trump over the controversial "One Big Beautiful Bill Act"—a $3.8 trillion GOP-backed domestic policy package...