Trump targets EU and Apple with tariff threats
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Donald Trump wants Apple to make iPhones in the US. That won't happen, says journalist Patrick McGee, who just wrote a book on Apple's ties to China.
Apple CEO Tim Cook reportedly called Texas Gov. Greg Abbott to make changes to or veto a newly passed law in the state that would require the company to verify the ages of device owners, according to The Wall Street Journal.
Warren Buffett's knack for investing has made Berkshire Hathaway a very successful business. It is one of a handful of companies to achieve a trillion-dollar market value, and the $77 billion cost basis on its $264 billion stock portfolio means the average position has more than tripled.
NEW YORK >> U.S. stocks fell today, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty.
Wall Street fell sharply after President Trump announced tariffs on EU and Apple products, escalating trade tensions. Major indexes dropped, with tech and consumer sectors hit hardest. Fear surged in the markets,
It is hard to determine which of Trump's announcements - on EU tariffs or levies on Apple imports - carries greater implications for the S&P 500.
Shares of Apple suffer from what I call “Redemption Risk.” This is the risk associated with a stock that has become overloved and overinvested in by both Wall Street and Main Street. Apple has a long history of being a Wall Street darling, with most analysts rating it a “Buy” or “Strong Buy.”
Wall Street indices fell on Friday following President Trump's suggestion of 50% tariffs on the EU. Apple faced pressure due to potential tariffs on iPhones not made in the U.S. Analysts consider the tariffs a negotiating tactic,
Kraken plans to list tokenized shares of Nvidia, Apple, Tesla and over 50 other U.S. stocks and exchange-traded funds (ETFs), the Wall Street Journal reported.
A judge blocked Trump from banning international enrollment at Harvard. Trump’s bill would nix billions for climate projects in GOP states. The bill also adds $150 billion for Trump’s immigration enforcement.