Trump threatens Apple with 25% tariff
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New data suggests that tariffs may already be driving up furniture costs, signaling early signs that Trump’s trade war is reaching American living rooms.
Halfway through President Donald Trump's 90-day freeze on his so-called reciprocal tariffs, a persistent gripe is severe uncertainty.
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.
Tariff worries reignited on Friday after President Donald Trump threatened the E.U. with 50% tariffs by June 1 and said he would impose a levy aimed at Apple.
The president has publicly condemned multiple companies as the administration attempts to prioritize domestic manufacturing.
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The word "tariff" may soon become scarce as retailers attempt price transparency without drawing President Trump's ire.
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.