Apple, Trump and iPhone
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Just as investors thought they could take a break from tariff scares, President Trump’s threats of new levies against the EU and Apple threw trade tensions back into focus ahead of a long holiday weekend.
President Trump said the U.S. will delay a threatened 50% tariff on goods from the European Union from June 1 until July 9.
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Investor's Business Daily on MSNTrump Trade War Jolts Apple, Europe And Stocks. What You Need To Know Now.The Trump trade war had been de-escalating until Friday's threats vs. Apple and the EU. Inflation and budget deficits also are stock market risks.
Markets will be digesting Trumps new tariff threats, while Dell, Autozone, Macy’s, and more report earnings. Plus, economic data on consumers and home prices.