The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones.
Instant View: Markets fall as Trump recommends 50% tariff on EU, targets Apple
Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not manufactured, in the United States. Stock indexes in the U.S. and across Europe fell, although they pared earlier sharper losses.
3 Great Mutual Fund Picks for Your Retirement
Consider adding these three top-ranked, best-performing and well-managed mutual funds to your retirement portfolio if you are looking to maximize returns.
Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
These three top-ranked, best-performing and well-managed funds can help you maximize your retirement portfolio returns.
Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
You might want to consider adding these three top-ranked, best-performing and well-managed mutual funds to your retirement portfolio to maximize your returns.
U.S. Courting Asian Investors for $44 Billion Alaska LNG Project
The United States is actively pursuing investment from South Korea, Japan, and Taiwan for the $44 billion Alaska LNG project, with a key event scheduled for June 2 to further these efforts.
This is the surest way for the U.S. to reshape the domestic and global economy
Investing.com -- The most effective strategy for reshaping the U.S. and global economy is a combination of higher taxes and lower government spending, according to BCA Research in a note Friday.
5 Things to Know Before the Stock Market Opens
News of the day for May 23, 2025
Stockpiling strategic materials key to “remilitarisation of Europe”
Europe’s lack of strong strategic material value chains constitutes a major defence vulnerability amid an increasingly heated geopolitical climate.
Trump threatens 50% tariffs on EU and 25% penalties on Apple as his trade war intensifies
President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing, as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing he has promised voters. The Republican president said he wants to charge higher import taxes on goods from the EU, a long-standing US ally, than from China, a geopolitical rival that had its tariffs cut to 30% this month so Washington and Beijing could hold negotiations.