The price tag for a slew of electronics may significantly rise following President Donald Trump’s implementation of sweeping reciprocal tariffs. The radical shift in foreign trade policy, which is set to launch on April 9,
Trump’s sweeping tariffs have sent tech stocks tumbling. On Wednesday, the U.S. president announced blanket 10% tariffs on all countries, sparking fears of supply chain chaos and concerns about the U.
Analysts described President Trump’s latest slate of tariffs Wednesday as “worse than the worst case scenario” for tech investors. Trump announced a sweeping 10 percent tariff on goods from all
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.
U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries.
Eli Lilly is on Trump’s list as having committed $27 billion in investments. But that’s on top of an earlier commitment. In 2020, Eli Lilly announced it would spend $23 billion over four years, and the Biden spreadsheet records a total of $18.5 billion spent to build four manufacturing plants.
And it’s happening, and it will happen rather quickly,” Trump said in a joint address to Congress early in March.Start the day smarter. Get all the news you need in your inbox each morning.
The National Labor Relations Board has indefinitely postponed two complaint cases against Apple, after the Trump administration hired an Apple lawyer away to be the lead attorney for the watchdog.