President Donald Trump vowed to enact “at least” a 25% tariff on iPhones that are not manufactured and built in the United States — in a sharp warning to Apple CEO Tim Cook.
Read More Trump threatens 25% tariff on Apple after company shifts iPhone manufacturing to India
President Donald Trump on Friday threatened to impose a 50% tariff on all European Union (EU) products starting on June 1st, explaining that Europe has been “very difficult to deal with.”
Read More Trump threatens 50% tariffs on EU imports: ‘Very difficult to deal with’
Interest has been rising in such specialized robots as they offer a clear path to profitability, given the stress on automation across industries, including retail, defense and waste management.
Read More Function over flash: Specialized robots attract billions with efficient task handling
U.S. Treasury Secretary Scott Bessent warned other nations that the United States could reintroduce the reciprocal tariff levels if foreign countries fail to negotiate in “good faith.”
Read More Bessent Warns Tariffs Will Rise If Nations Don’t Negotiate Trade In ‘Good Faith’
President Donald Trump called on Walmart to “eat the tariffs” rather than raising prices and blaming the Trump administration for price hikes.
Read More Trump Calls On Walmart To ‘Eat The Tariffs’ Rather Than Raising Prices: ‘I’ll Be Watching’
President Donald Trump announced Friday that the White House will be informing other countries about how much they will be tariffed via letters and what they will be required to pay on exported goods to the United States.
Read More Trump: U.S. To Notify Hundreds Of Countries Of New Tariff Rates—‘They’ll Be Paying To Do Business’