Trump, European Union and Tariffs
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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.
High-end medical devices, including those made in the United States, may be especially vulnerable to tariffs because they’re built with parts from around the world.
President Donald Trump’s sweeping tariffs have given many Americans whiplash. The list of companies announcing price changes as a result is equally daunting.
Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.
1don MSN
Trump has repeatedly called on Apple to move manufacturing to US from China, but the company shifted production for more than half its phones to India
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Apple stock was dropping on Friday after President Donald Trump threatened a 25% tariff on iPhones sold in the U.S. unless the devices are made in the U.S.“I have long ago informed [CEO] Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States,
The tariff announcements placed a particularly high penalty on companies that manufactured in China, causing a scramble to figure out a way to make operational changes very quickly or risk losing billions.
Tom Fitzgerald sits down with Nelson Cunningham, a global trade expert, to discuss Trump's tariff impacts in Asia.