Apple, Trump and Tariff
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Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.
The ports of Los Angeles and Long Beach rival most cargo hubs in the world. The tariffs imposed by President Trump may force the ports to reinvent themselves — again.
President Donald Trump reignited trade tensions with his social media posts before the Memorial Day holiday aimed at the European Union and Apple.
Donald Trump’s sweeping tariffs may be able to survive a legal challenge, thanks in part to a Japanese zipper company that sued the Nixon administration 50 years ago.
President Trump fired new salvos in the global trade war, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones and other smartphones made overseas.
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Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.
U.S. President Donald Trump's trade negotiators are pushing the EU to make unilateral tariff reductions on U.S. goods, saying without concessions the bloc will not progress in talks to avoid additional 20% "reciprocal" duties,
23hon MSN
But Corporate America has to learn to speak a new language — one that informs shareholders and customers about the effects from tariffs while avoiding reaction from Trump on social media or a threat from him or his administration to punish or investigate a company.