Apple Faces $900M Tariff Hit & iPhone Shift
Apple forecasts a $900M tariff hit in Q3 with a production shift to India, while the Chinese mainland remains vital for global sales.
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Apple forecasts a $900M tariff hit in Q3 with a production shift to India, while the Chinese mainland remains vital for global sales.
U.S. consumers brace for higher prices as duty-free imports from the Chinese mainland and Hong Kong face new tariffs.
U.S. Customs confirmed that CUSMA-compliant auto parts from Canada and Mexico are exempt from Trump’s 25% tariffs, effective May 3.
U.S. Chamber warns rising tariffs could hurt small businesses and spark recession fears, urging immediate relief for job protection.
Debate over tariff transparency heats up as Trump calls Bezos and consumers demand clear pricing on hidden costs.
U.S. retail platforms face pressure from global tariffs, sparking bold pricing debates like Amazon’s proposed tariff cost display.
Chinese enterprises are tackling U.S. tariffs with bold countermeasures, including extra tariffs, sanctions, and a WTO complaint.
US tariffs trigger recession concerns as GDP fell by 0.3% in Q1 2025, with experts warning of prolonged economic pain.
U.S. tariffs spark fears of rising living costs as consumer confidence dives to its lowest since May 2020.
Trump claims tariffs on imports from the Chinese mainland may leave American kids with 2 dolls instead of 30, shaking up the toy industry.