Apple, Trump and European Union
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President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States. This is the latest jab at Apple from Trump, who over the past couple of weeks has ramped up pressure on the company and CEO Tim Cook to increase domestic manufacturing.
While the Japanese firm didn't explicitly call out tariffs as the reason, the fact that the increases were only coming for the US market was telling.This followed on the heels of perhaps the largest retailer to issue a price increase warning: Walmart.
A judge blocked Trump from banning international enrollment at Harvard. Trump’s bill would nix billions for climate projects in GOP states. The bill also adds $150 billion for Trump’s immigration enforcement.