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Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
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Pharma, Semi-conductors, Energy Products Exempted From Trump's Tariff
Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 26 per cent import duty announced by the US on Wednesday, according to think tank GTRI.
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Stocks Slump, Gold Hits New High As Markets React To Trump's Bombshell Tariffs
Stocks slumped, bonds surged, and gold hit a new high as markets braced for the impact of US President Donald Trump's sweeping reciprocal tariffs on Thursday.
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Inside Trump's Reciprocal Tariffs: Which Countries Are Hit Hardest
After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence."
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"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
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US Dollar Falls Against Yen, Euro Gains Hold As Trump Announces New Tariffs
The dollar slid against the yen, while the euro held gains against the greenback on Wednesday as US President Donald Trump announced global reciprocal tariffs that look certain to escalate a trade war with global partners.
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Oil Prices Fall Into Negative Territory As Trump Announces New Tariffs
Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as US President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
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Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
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"It's Liberation Day In America," Posts Trump Ahead Of Tariffs Announcement
US President Donald Trump geared up to unveil sweeping new "Liberation Day" tariffs on Wednesday in a move that threatens to ignite a devastating global trade war.
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'Cost Of Trade War Can Become Expensive For Both Sides': Germany To US
Germany warned Wednesday that trade wars hurt "both sides" as Europe's biggest economy braces for US President Donald Trump to announce wide-ranging new "Liberation Day" tariffs.
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Trump's New 'Reciprocal' Tariff May Disrupt Global Shipping, Say Experts
Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.
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China Ready To Buy More Indian Goods, Says Beijing's Envoy As US Tariffs Loom
As US President Donald Trump's "Liberation Day" tariffs threaten to upend the global trade system, China has offered to import more Indian products and strengthen trade cooperation.
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Trump Disappointed By Wisconsin Supreme Court Vote, Wins In Florida
Donald Trump's all-out effort to lodge a new Republican on the Wisconsin Supreme Court fell flat, as liberal judge Susan Crawford came out ahead of the Trump-backed Brad Schimel.
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Democrat Cory Booker Sets Record With 25-Hour Senate Speech, An All-Nighter
New Jersey Democratic Senator Cory Booker held the Senate floor with a marathon speech that lasted all night and into Tuesday night, setting a historic mark to show Democrats' resistance to President Donald Trump's sweeping actions.
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Trump Faces First Electoral Test In Wisconsin, Florida Votes
Donald Trump's rampaging new presidency faces its first electoral test Tuesday in an election to Wisconsin's Supreme Court and a pair of races in Florida where Democrats hope to deliver a show of strength.
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Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
-
Pharma, Semi-conductors, Energy Products Exempted From Trump's Tariff
Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 26 per cent import duty announced by the US on Wednesday, according to think tank GTRI.
-
Stocks Slump, Gold Hits New High As Markets React To Trump's Bombshell Tariffs
Stocks slumped, bonds surged, and gold hit a new high as markets braced for the impact of US President Donald Trump's sweeping reciprocal tariffs on Thursday.
-
Inside Trump's Reciprocal Tariffs: Which Countries Are Hit Hardest
After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence."
-
"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
-
US Dollar Falls Against Yen, Euro Gains Hold As Trump Announces New Tariffs
The dollar slid against the yen, while the euro held gains against the greenback on Wednesday as US President Donald Trump announced global reciprocal tariffs that look certain to escalate a trade war with global partners.
-
Oil Prices Fall Into Negative Territory As Trump Announces New Tariffs
Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as US President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
-
Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
-
"It's Liberation Day In America," Posts Trump Ahead Of Tariffs Announcement
US President Donald Trump geared up to unveil sweeping new "Liberation Day" tariffs on Wednesday in a move that threatens to ignite a devastating global trade war.
-
'Cost Of Trade War Can Become Expensive For Both Sides': Germany To US
Germany warned Wednesday that trade wars hurt "both sides" as Europe's biggest economy braces for US President Donald Trump to announce wide-ranging new "Liberation Day" tariffs.
-
Trump's New 'Reciprocal' Tariff May Disrupt Global Shipping, Say Experts
Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.
-
China Ready To Buy More Indian Goods, Says Beijing's Envoy As US Tariffs Loom
As US President Donald Trump's "Liberation Day" tariffs threaten to upend the global trade system, China has offered to import more Indian products and strengthen trade cooperation.
-
Trump Disappointed By Wisconsin Supreme Court Vote, Wins In Florida
Donald Trump's all-out effort to lodge a new Republican on the Wisconsin Supreme Court fell flat, as liberal judge Susan Crawford came out ahead of the Trump-backed Brad Schimel.
-
Democrat Cory Booker Sets Record With 25-Hour Senate Speech, An All-Nighter
New Jersey Democratic Senator Cory Booker held the Senate floor with a marathon speech that lasted all night and into Tuesday night, setting a historic mark to show Democrats' resistance to President Donald Trump's sweeping actions.
-
Trump Faces First Electoral Test In Wisconsin, Florida Votes
Donald Trump's rampaging new presidency faces its first electoral test Tuesday in an election to Wisconsin's Supreme Court and a pair of races in Florida where Democrats hope to deliver a show of strength.
