Apple, Trump and Tariffs
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Since President Trump announced a pause on the steepest tariffs on goods from China, importers have made plans to bring in more containers, including holiday season goods. But the level of new order activity is mixed,
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.
If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.,” Trump wrote on Truth Social on Friday.
U.S.-China trade talks in Geneva resulted in a temporary slash of tariff rates, but the ripple effect of this tit-for-tat escalation won’t disappear anytime soon.
1don MSN
President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on smartphones unless those products are made in America. The threats, delivered over social media,
Americans aren't going to want to work the factory jobs created by companies shifting manufacturing to the US due to tariffs, Steve Madden said.
To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as reported by the FT. That pact, which expires in July, helped
2don MSN
It is not yet clear when that national security investigation will end, and if and how tariffs on pharmaceuticals will be implemented. But U.S. pharmacists are already stockpiling