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Trump re-escalates trade threats, aiming at Apple, EU

Stock markets plunge after Trump reignites trade war risk with threat of 50% tax on EU goods

Stock markets have dropped sharply after US president Donald Trump reignited fears of a trade war by threatening to impose high tariffs on the EU and smartphone giant Apple.European shares fell 1.7 per cent,

· 2h · on MSN

CNA · 7h

Trump re-escalates trade threats, takes aim at European Union

· 1h

Trump Turns Back to His Trade War, Threatening Europe and Apple

Apple has had few incentives in the past to start making iPhones in US

Apple has traditionally produced its devices in China, in massive factories that rely on a vast network of local suppliers.

· 6h

· 8h

Trump threatens 50% tariffs on EU and 25% on iPhones

· 9h

Trump threatens 25% import tax on Apple unless iPhones are made in the US

Wall St falls as Trump tariff threats spark market uncertainty

U.S. stock index futures turned lower on Friday as shares of Apple dropped after U.S. President Donald Trump said the company would have to pay a 25% tariff if phones sold in the country are not made ...

· 1h

· 3h

Trump threatens steep tariffs on European Union goods, targets iPhones; live updates

· 3h

Is Trump’s ‘Made in America’ iPhone a Fantasy?

4don MSN

Porsche Tried to Be Both Ferrari and Mercedes. With the Trade War, It Struggles to Be Either.

Porsche is one of the most iconic car brands in the world. The Porsche 911, launched in 1964 and legendary for its sloping roofline and pronounced rear haunches, commands a status similar to the Ferrari F40 or the Lamborghini Miura.

Rennlist1d

CEO Oliver Blume Pressured by Investors to Drop Dual Porsche-VW Role

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.

10don MSN

Porsche braces for sales dip over Trump’s tariff chaos

Porsche AG is expecting a dip in sales after consumers pulled forward purchases earlier this year to beat U.S. President Donald Trump’s auto tariffs.

Why Porsche Is Struggling With the Trade War

Why is Porsche’s stock down 21% so far this year, while Ferrari’s is up? Because 61% of the cars Porsche delivered in the first quarter were sport-utility vehicles, not sports cars. It is a trend that

The Financial Times24d

Porsche and Volvo Cars profits sink as industry reels from Trump tariffs

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Profits at Porsche and Volvo Cars fell sharply in the first quarter as the two carmakers warned of the toll ...