President Trump issued a warning today, threatening a 25% tariff on iPhones that are not manufactured in the United States. This move comes as part of Trump's ongoing efforts to boost American manufacturing and reduce dependency on foreign-made products.
Trump's threat has raised concerns within the tech industry, particularly for companies like Apple, whose products are primarily manufactured overseas. The potential tariff would significantly impact Apple's production costs and could result in higher prices for consumers.
This announcement also comes amidst escalating trade tensions between the US and the European Union. Trump has been vocal about his dissatisfaction with what he perceives as unfair trade practices by the EU, and has already imposed tariffs on a range of European goods.
The tech industry and consumers alike are anxiously awaiting further developments on this issue, as the potential tariff on iPhones could have far-reaching implications for both the industry and the economy. Stay tuned for updates as this story continues to unfold.
Category: Politics
Published on: 2025-05-29 02:53:01
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Trump Threatens 50% Tariff on E.U. and 25% Tariff on Apple, New York Times
Trump threatens 25% tariff on Apple and Samsung phones not made in US, The Guardian
Trump threatens to hit Apple with 25% tariff on iPhone sales, CBS News
President Trump has announced a new round of tariffs on Chinese goods, escalating the ongoing trade war between the two economic powerhouses. The tariffs, which will affect approximately $200 billion worth of imports, will see rates increase to 25% from the previous 10%. This move comes as a surprise to many, as negotiations between the US and China seemed to be progressing positively in recent weeks.
The decision has sparked concern among US businesses and consumers, who fear the potential impact on prices and the economy as a whole. Many have criticized the President for his unwavering stance on tariffs, arguing that they are ultimately harmful to the American people. The tariffs could also have negative repercussions on the global economy, particularly as tensions continue to rise between the US and other major trading partners.
Despite growing backlash, President Trump remains firm in his belief that tariffs are necessary in order to rectify what he perceives as unfair trade practices. The 25% tariffs are expected to go into effect on Friday, adding further uncertainty to an already volatile economic climate.
Category: World
Published on: 2025-03-27 12:21:23
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Germany says it 'will not give in' as Trump announces 25% car tariffs, BBC News
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In a shocking move, President Trump has announced a 25% tariff on cars imported into the United States, a decision that could have far-reaching consequences for consumers and the auto industry. The tariffs, which will affect vehicles from major manufacturers such as GM, Ford, and Stellantis, are set to be implemented in the coming months.
This announcement has sent shockwaves through the industry, with experts predicting that the tariffs will lead to significant price increases for American consumers. While the Trump administration has argued that these tariffs are necessary to protect American jobs and combat unfair trade practices, critics have warned that they will only serve to harm the economy.
The news has sparked outrage among industry leaders, with many expressing concern about the impact on sales and production. Automakers have warned that the tariffs could lead to layoffs and plant closures, further exacerbating the economic fallout from the COVID-19 pandemic.
As the situation continues to unfold, consumers will be watching closely to see how these tariffs will affect the price of cars in the coming months. Stay tuned for more updates on this developing story.
Category: Politics
Published on: 2025-03-27 04:04:06
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Trump Announces 25% Tariffs on Imported Cars and Car Parts, New York Times
Donald Trump announces new 25% tariffs on cars from overseas, The Guardian
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In a bold move, President Trump has declared a 25% tariff on steel and aluminum imports, sparking concerns and scrambling governments around the world to secure exemptions. The announcement on Monday sent shockwaves through global markets, with steel-producing countries like Australia particularly impacted.
The Australian government is now in a race against time to negotiate exemptions to the steep tariffs, which could have a significant impact on their steel industry. Prime Minister Tony Johnson has expressed his concerns, stating that these tariffs could harm Australian manufacturers and workers.
Trump defended his decision, citing national security concerns and the need to protect American jobs and industries. However, the move has drawn criticism from trade partners and experts, who fear a potential trade war that could disrupt global supply chains and raise prices for consumers.
As tensions rise, negotiations between the US and its trade partners are expected to intensify in the coming weeks. The fate of the steel industry and international trade relations hangs in the balance as the world waits to see how this latest development will play out.
Category: Politics
Published on: 2025-02-10 00:42:23
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The highly anticipated release of Football Manager 25 has been officially cancelled by SEGA following a string of delays. Fans of the popular simulation game were left disappointed after news broke that the game would not see the light of day.
The decision to cancel Football Manager 25 comes as a blow to the gaming community, who have been eagerly awaiting the latest installment in the franchise. Originally scheduled for release this year, the game faced multiple setbacks that ultimately led to its cancellation.
SEGA expressed their regret over the decision, stating that they had worked tirelessly to bring Football Manager 25 to fans. However, due to unforeseen challenges and complications, the company felt it was necessary to pull the plug on the project.
Despite the disappointment, SEGA is committed to providing updates and support for previous versions of Football Manager, ensuring that players can continue to enjoy the game. The company has also announced plans to focus on future projects and innovation within the gaming industry.
For fans who were eagerly anticipating the release of Football Manager 25, this news comes as a disappointing setback. SEGA's decision to cancel the game serves as a reminder of the challenges and uncertainties that can arise in the world of game development.
Category: Entertainment
Published on: 2025-02-08 19:18:25
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After a lengthy legal battle, Meta, formerly known as Facebook, has agreed to pay $25 million to settle a lawsuit filed by former President Donald Trump. The lawsuit initially stemmed from Meta's decision to ban Trump from the platform following the January 6th Capitol riot.
The settlement comes after months of negotiations and court proceedings. In a statement, Meta CEO Mark Zuckerberg expressed relief that the matter has finally been resolved. "We are pleased to put this behind us and move forward," he said.
The $25 million settlement will likely come as a financial blow to Meta, but the company is hopeful that putting the lawsuit to rest will allow them to focus on their core business objectives. This settlement marks a significant moment in the ongoing debate surrounding social media platforms' role in regulating political content.
While the specifics of the settlement have not been made public, this resolution may set a precedent for future cases involving high-profile individuals and social media companies. The agreement demonstrates the potential financial ramifications of platform decisions on a political level and emphasizes the importance of clear, consistent policies when dealing with controversial content.
Category: Politics
Published on: 2025-01-29 23:48:25
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President Trump announced yesterday that Colombia will face a 25% tariff on various exports, including coffee, flowers, and gas, as tensions over deportation flights escalate between the two nations. This decision comes as a blow to Colombia, a key trading partner with the United States, with exports accounting for a significant portion of their economy.
The tariffs are expected to have a ripple effect on prices, causing consumers to potentially see an increase in the cost of goods such as coffee and flowers. Colombian officials have expressed dismay over the move, highlighting the negative impact it will have on their economy.
Industry experts have raised concerns about the potential consequences of these tariffs, warning of the impact on the global market for coffee and flowers. The uncertainty created by these trade tensions is likely to cause disruptions in supply chains and could result in price volatility for these commodities.
As both nations navigate this trade dispute, the future of their economic relationship remains uncertain. The imposition of these tariffs marks a significant development in the ongoing trade war between the United States and Colombia.
Category: Politics
Published on: 2025-01-26 23:48:27
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Trump Says Colombia Will Face 25% Tariffs Amid Fight Over Deportation Flights, Wall Street Journal