Apple's stock fell nearly 5% after President Trump intensified tariffs on Chinese imports, raising concerns about price hikes on iPhones. Analysts predict significant global increases if tariffs persist.
In response to President Trump's 104% tariffs on Chinese imports, China has pledged to take strong measures to protect its interests, signaling a continued trade war and a call for equal negotiations.
President Trump's new tariffs, including a staggering 104% on Chinese imports, are shaking up the global economy and sending stock markets into a tailspin. Will negotiations with other countries save the day?
In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
China has vowed to take countermeasures against the U.S. after President Trump's threat of a 50% tariff on Chinese imports. With escalating tensions, what does this mean for global markets?