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Trump threatens Apple with 25% tariffs over foreign iPhone production; shares fall

Invezz Friday, 23 May 2025 ()
Trump threatens Apple with 25% tariffs over foreign iPhone production; shares fallApple’s decision to expand its manufacturing footprint in India has triggered a sharp response from US President Donald Trump, who warned on Friday that iPhones sold in the United States must be made domestically—or face heavy tariffs. The warning marks a new escalation in Trump’s global tariff strategy, directly targeting one of the world’s most […]
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Video Credit: Oneindia - Published
News video: Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU

Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU 03:17

President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...

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