Trump reiterates 25% tariff threat on Apple iPhones
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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.
The word "tariff" may soon become scarce as retailers attempt price transparency without drawing President Trump's ire.
The US trade and tariff vulnerability (TTV) index aims to assess the near-term vulnerability to reciprocal tariffs announced by the United States on April 2.
Daily revenue from US customs duties rose to a record $16.5 billion as American importers made monthly payments to the government for goods received in April.
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Stocks dropped on Friday as investors digested Trump's latest tariff threats.The president said Apple could be hit with 25% tariffs, while threatening 50% against the EU.Bond yields were stable but the greenback tumbled,
Large banks in Central Europe aim to keep risk costs in check this year as they navigate economic uncertainty amid global tariff tensions.
CNET is keeping track of prices for several key products as prospects for the months ahead remain uncertain, including one popular TV speaker you might want to buy right now.