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Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions

President Donald Trump is demanding that iPhone production takes place in America and accuses European Union of $250B trade deficit

Latest Business

Trump says 'total reset negotiated' with China during tariff talks in Geneva

President says 'great progress' was made with Beijing amid tariff battle

Warren Buffett announces retirement from leading Berkshire Hathaway

Billionaire shocked audience of investors with disclosure and said his vice-chair, Greg Abel, should take over

China draws up list of U.S.-made goods exempt from 125% tariffs, sources say

Goods included on 'whitelist' remain unclear

Elon Musk forced back to the boardroom as Doge ‘blowback’ pummels Tesla

Billionaire’s foray into government coincided with increased competition from Chinese rivals
 

Musk stepping back from government work amid plummeting Tesla sales

Elon Musk said in an earnings call Tuesday that he will turn more of his attention to Tesla starting next month.

White House is ‘close’ on Japan, India tariff agreements — but expect them to be light on specifics

One person close to the White House said that it “may take months to hammer out the final deals.”

Fast fashion e-commerce sites Temu and Shein say they're raising prices because of tariffs

Both sites say U.S. customers will see higher prices starting next week

Pity American firms in China. Xi Jinping is hitting back

From Apple and Boeing to Nike and Starbucks, there is a lot of money at stake

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Trump says China 'reneged' on Boeing deal as tensions flare

Washington (AFP) – US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

China urges US to 'completely cancel' tariffs

China, which has retaliated with 125% tariffs, called for a "return to the right path of mutual respect".

EU puts US counter-tariffs on hold

This comes after President Donald Trump authorized a 90-day pause on tariffs above 10%

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