10 h. ago Donald Trump's threaten brutal Apple goods tariff unless he gets iPhones pledge

Donald Trump has threatened Apple and the EU with extreme tariffs, as the Orange manbaby once again throws his toys out of the pram over the response to his hefty economic measures

Politics

10 h. ago Apple sees stock drop after Trump threatens 25 percent tariffs unless they build iPhones in America

President Donald Trump made the threats after he reportedly met with Apple CEO Tim Cook at the White House earlier in the week

Politics

11 h. ago Donald Trump threatens huge tariffs on EU goods and smartphones, including Apple products

Markets tanked following the announcement as the US President cranks up trade threats

Politics

12 h. ago Trump threatens Apple and Samsung with 25% tariff on devices

US president says new levy on iPhones and other handsets could apply from the end of June

Politics

13 h. ago European markets suffer losses after Trump ‘recommends’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net export...

Economics

15 h. ago Trump threatens 25% tariff on Apple and Samsung phones not made in US

Announcement wipes about $70bn off Apple shares amid pressure on company to build smartphones in USBusiness live – latest updatesDonald Trump has threatened to impose a 25% tariff on iPhones if they are not made in the United States, as he stepped up the pressure on Apple to build its signature product in the country.The president wiped approximately $70bn (£52bn) off the company’s shares with a post on the Truth Social platform that said iPhones sold inside the US must be made within the country’s borders. Continue reading...

Politics

17 h. ago Ukraine’s Zelenskyy confirms major prisoner swap with Russia – Europe live

The first stage of a major prison swap between Ukraine and Russia has taken place in Turkey, with 390 people released todayFor more coverage of Trump’s tariffs threats – which also include a warning that Apple must pay a 25% tariff unless it manufactures its iPhones in the US – follow our business live blog here:US president Donald Trump has just called the EU “very difficult to deal with,” lamenting the bloc’s “powerful Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more” (original capitalisation!).“Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. Continue reading...

Events

17 h. ago Apple stocks sink after Trump threatens 25 percent tariffs unless they build iPhones in America

The president made the threat against the tech giant in a Truth Social post

Politics

18 h. ago Donald Trump threatens huge tariffs on EU goods and Apple iPhones

Markets drop on news as US President Donald Trump cranks up trade threats

Politics

19 h. ago Trump ‘recommending’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTypical energy bill in Great Britain to fall 7% to £1,720 a year from JulyAs well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net exports an...

Politics

19 h. ago Trump threatens 25% tariff on Apple iPhones and 50% on EU products starting June 1

President Donald Trump has threatened to impose a 50 percent import tax on anything brought into the U.S. from the European Union and is warning that he will unilaterally slap a 25 percent tariff on any Apple products unless the most valuable technology company in the United States begins manufacturing iPhones inside the country.

Politics

19 h. ago Trump threatens tariffs on beloved iPhones as he chews out Apple's Tim Cook: Live updates

Donald Trump is tearing into Apple and threatening a new 25 percent tariff on iPhones if the company does not manufacture the product in the U.S.

Politics

7 d. ago Donald Trump said he had a ‘little problem’ with Apple’s Tim Cook over India iPhone plans

Trump said he admonished the Apple CEO over reports it was accelerating plans to make most of the iPhones for the U.S. market in India

Politics

2 w. ago Fears of UK film industry jobs bloodbath: Tens of thousands of freelancers could be out of work if Donald Trump applies 100% tariff on non

UK industry figures have warned the plans 'could deal a knock-out blow' to the UK film sector.

Politics

3 w. ago Apple says Trump’s tariffs will boost costs by $900mn in June quarter

Chief executive Tim Cook says it is ‘very difficult’ to make predictions for latter half of 2025

Economics

4 w. ago Trade war fears trigger biggest slide in US consumer expectations since 1990 recession – business live

Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles - in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading...

Economics

4 w. ago China ‘may exempt some US goods’ from tariffs; British retail sales beat forecasts – business live

Rolling coverage of the latest economic and financial newsRachel Reeves used a brief speech to US investors at the British ambassador’s lavish residence in Washington last night, to acknowledge some of the downsides of globalisation, in a nod to Donald Trump’s stance.As she prepares to meet Treasury secretary Scott Bessent today, Reeves said China’s entry into the global trading system 25 years ago had created “huge benefits in terms of cheaper goods, more innovation and more opportunities to trade”.“They voted for change because they didn’t think that the economy worked well enough for them and their families. They saw the erosion of good jobs that paid a decent wage. They saw industries that once powered their towns disappear. And as elected politicians we have to respond to that”.“Some may say that under this very consequential president we have at the moment, this is a rollercoaster period and therefore a challenge to us all. But we would say that a rollercoaster is fine, as lon...

Economics