Sunday, 8 June 2025 () Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review.
Prime Minister Sir Keir Starmer, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds visit a business in Nuneaton to promote the government’s new industrial strategy Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves doesn’t say whether the UK believes strikes by the US on Iran were legal. The Chancellor tells broadcasters during a visit in the West Midlands: "It is up to the US to make that case. We were not involved in these actions and, of course, we would never comment on the legal advice that the government receives." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision. Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly important but difficult job to do”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Joel Edgerton and Jennifer Connelly, stars of the Apple TV+ series 'Dark Matter,' along with creator and showrunner Blake Crouch, stop by THR's Emmys Lounge to dive into the questions posed by the story, including what is happiness and the road not taken. Edgerton, who also serves as an executive producer on the show, breaks down playing different versions of one man and what those lives looks like.
Credit: The Hollywood Reporter Duration: 02:54Published
President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trump’s aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trump’s trade war rhetoric sharpens once again—this time aimed squarely at Europe.
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President Donald Trump has issued a broad warning to tech companies that manufacture smartphones abroad, declaring that a 25% tariff will apply not just to Apple but to any firm — including Samsung — that doesn’t shift production to the United States. Speaking to reporters, Trump emphasized fairness and announced that the new tariffs are expected to be finalized by the end of June. The move signals a dramatic escalation in his economic nationalism and could have major repercussions on global smartphone pricing and tech supply chains.
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During a press conference in the Oval Office, President Trump was interrupted twice by phone calls from Congress members, which he promptly sent to voicemail. Trump announced plans to impose 50% tariffs on European Union products, citing stalled trade talks. He hinted the tariffs could target major tech companies like Apple and Samsung, potentially starting in late June. While Trump expressed hope for a fair deal, his aggressive rhetoric signals mounting U.S.-EU trade tensions, drawing close attention from markets and global tech firms.
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President Donald Trump has threatened Apple with a 25% tariff if it continues manufacturing iPhones outside the US. In a post on Truth Social, Trump warned CEO Tim Cook that iPhones sold in America must be built domestically—not in India or elsewhere. The warning follows Cook’s recent statement that most iPhones in the US will soon originate from India. Although finished smartphones currently enjoy tariff exemptions, Trump’s aggressive trade policies may disrupt Apple’s global supply chains and cost the company nearly $900 million this quarter alone.
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