Reported about 21 hours ago
President Trump is escalating his trade war by threatening Apple with a 25% tariff if the company does not manufacture iPhones in the U.S. He has also proposed a sweeping 50% tariff on EU imports starting June 1, citing difficulties in negotiations. The EU has responded with a new trade proposal that includes phased tariff cuts and cooperation on energy and digital infrastructure, while preparing potential retaliatory measures worth $108 billion if discussions fail.
Source: YAHOO