President Trump threatened to impose a tariff of at least 25% on Apple if the smartphone maker doesn't build and manufacture iPhones in the United States.
Trump's Latest Tariff Threats Revive Trade Anxiety
Stocks slumped on Friday after President Trump lobbed new tariff threats at the EU and Apple, reviving the trade anxiety that had gradually subsided over the past month.
Trump says his tariffs on Apple will also apply to Samsung
U.S. President Donald Trump said on Friday that a 25% tariff he says he will impose on Apple will also apply to Samsung and other smartphone makers. Trump, talking to reporters in the Oval Office, also said he was fine with leaving a 50% tariff in place on the European Union absent a trade deal. (Reporting By Steve Holland; Editing by Mark Porter)
When Will Trump's Tariffs Start Affecting the Economy?
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.
Used Car Stocks CVNA, KMX and AN Positioned for Tariff Tailwinds
Uncertainty surrounding tariffs has certainly thrown a wrench into the outlook for many businesses, but one industry that may experience a favorable tailwind from tariffs is used car sales. If tariffs drive up the price of new cars too much, more Americans may find they prefer to purchase a used vehicle. Let’s take a look at the three most prominent stocks trafficking in used cars: Carvana (CVNA), CarMax (KMX), and AutoNation (AN), and decide which is the best opportunity for investors going for
Whatever Happened to Pandemic Stocks? Some Are Showing Life Again
Several of the pandemic-era stocks have shown life over the last year, even outperforming the S&P 500. But has anybody even noticed?
Jittery? Here's How to Profit from Today's Market
Market pullbacks can be intimidating, but missing the chance at life-changing gains can be even more frustrating. Ben Rains encourages you to remain invested and position yourself to benefit from the eventual rebound. Discover how to do it the smart way.
Factbox-The EU's top exports, most vulnerable to Trump's new tariffs
The United States was the trading bloc's biggest export partner in 2024, making up 20.6% of exports, according to Eurostat. Medicinal and pharmaceutical products were the EU's most exported group to the U.S in 2024, followed by motor vehicles and aircrafts and associated equipment, according to the data. The three largest exporters to the United States in the EU were Germany, which exported 161 billion euros ($182.62 billion) worth of goods, Ireland, at 72 billion euros, and Italy, at 65 billion euros.
Veteran fund manager has harsh words for stablecoins
Peter Schiff slams stablecoins as useless as the Senate advances the GENIUS Act to tighten crypto regulations.
Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak
“Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.