The White House on Wednesday condemned EU fines on Apple and Meta Platforms, labeling them a “novel form of economic extortion” that…
Tag: President Trump
Tariff optimism spurs rally on Wall Street
Wall Street’s major indexes surged to one-week highs on Wednesday, driven by optimism for a thaw in the U.S.-China trade war…
Apple, Meta see modest European Union DMA fines after U.S. President Trump’s warning
Apple and Meta Platforms face EU fines totaling €700 million ($798 million) for breaching Big Tech antitrust rules under the DMA…
Foreign companies eye expansion in America to lessen tariff fallout
Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in America to mitigate the impact…
EU claims it will enforce digital rules on American companies despite Trump admin pressure
The European Union (EU) is determined to enforce its full digital rule book no matter who is in charge of companies such as X, Meta, Apple…
With CEOs including Apple’s Tim Cook contributing, President Trump raised record $239 million for second inaugural
CEOs of prominent companies including Apple’s Tim Cook, who personally gave President Trump $1 million towards his inaugural fund…
Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick about tariffs impact
Apple CEO Tim Cook spoke to Commerce Secretary Howard Lutnick last week about the potential impact of the tariffs on Apple’s business…
President Trump to join meeting with Japan to discuss tariffs
U.S. President Donald Trump will attend a meeting with Japan to discuss tariffs, “trade fairness,” and American military support…
Nvidia to produce AI servers worth up to $500 billion in America
Nvidia announced plans to invest up to $500 billion over four years in U.S.-based AI server production, aligning with the Trump admin…
Apple, big tech lead stocks relief rally after President Trump’s weekend tariff pause
U.S. stocks gained as investors parsed the Trump administration’s latest actions on reciprocal tariff exemptions for Apple iPhones, other…
President Trump exempts smartphones and computers from new U.S. import tariffs
President Donald Trump’s administration has excluded smartphones and computers from its reciprocal tariffs, which include a 125% tariff…
Analysts see rising odds for Apple to secure U.S. tariff exemptions
Wall Street analysts and investors are growing more optimistic that Apple might dodge President Trump’s U.S. import tariffs on China…
Apple sales surged Saturday due to fears of tariff-induced price hikes
President Trump’s U.S. import tariffs, making a rollercoaster of Apple’s stock chart, ended up igniting a sales boom as shoppers hustled to…
President Trump will ‘take a look’ at exempting some larger American companies hit by tariffs
President Donald Trump said Wednesday he was open to providing exemptions for certain American companies hit especially hard by tariffs…
Apple stock posts best day since 1998
Apple’s stock surged over 15% in Wednesday regular trading following President Trump’s announcement of a 90-day pause of his…
President Trump’s U.S. import tariffs spur iPhone sales rush
The Trump administration’s newly imposed U.S. import tariffs have shaken Apple’s stock price, yet they’ve also delivered a nice side benefit…
EU decision on Apple due in coming weeks, antitrust chief says
On Tuesday, EU antitrust chief Teresa Ribera informed European Parliament lawmakers that a decision on whether Apple and…
President Trump threatens additional 50% tariff on China, effective April 9th
U.S. President Donald Trump on Monday stated on Truth Social that “if China does not withdraw its 34% increase above their already…
President Trump extends TikTok deal deadline by 75 days, touts ‘tremendous progress’
On Friday, President Donald Trump granted a 75-day extension to the deadline for ByteDance, a Chinese tech company, to divest the…
After $450 billion hit on tariff panic, time to buy Apple stock?
Apple has lost $450 billion in market capitalization since President Trump announced his reciprocal tariffs on Wednesday…
President Trump says stocks will boom after import tariff negotiations
Following a downturn, a surge is on the horizon? President Donald Trump claims his tariffs will spark a stock market boom, yet investors are…
Apple production hubs – and Apple stock – hit by U.S. import tariffs
Apple is currently directly in the line of fire of President Donald Trump’s latest tariffs set to kick in on April 9th…
President Trump’s reciprocal tariffs hit Apple stock in after hours trading
President Trump unveiled reciprocal tariffs at a White House event, set to hit 34% on China, the administration announced Wednesday…
President Trump imposes reciprocal tariffs to match duties put on American goods by other countries
U.S. President Donald Trump announced on Wednesday that he would impose reciprocal tariffs to match duties put on American goods…
Amazon submits bid for TikTok with American sale deadline approaching
Amazon.com Inc. has reportedly offered to buy the social video app TikTok from its Chinese owners, submitting a bid to the White House…
Trump admin poaches Apple attorney for NLRB; two ‘#AppleToo’ cases halted
Days after Donald Trump nominated an attorney representing Apple to serve as the top legal official at the US labor watchdog, the agency…
Jim Cramer likes Apple’s move to manufacture more in America
Jim Cramer, host of CNBC’s “Mad Money,” expressed his approval to viewers of Apple’s decision to shift more of its manufacturing…
Trump admin, Airstrip One (UK) hold private talks over Apple iCloud Encryption
Airstrip One (UK) officials have engaged in private discussions with the Trump Administration to address concerns over iCloud encryption…
Apple likely to face EU fine for breaching DMA rules
Apple and Meta Platforms are set to face European Union fines for allegedly breaching Digital Markets Act rules…
Apple’s new M4 MacBook Air is $100 more affordable, despite tariff concerns
Apple’s new M4 MacBook Air has a starting price of $999 for the 13-inch model, with the 15-inch model starting at $1,099. That’s $100 less…
Apple launches legal challenge over UK ‘back door’ order
Apple is intensifying its battle with the British government, which has demanded a “back door” into its most secure iCloud storage system…
President Trump and TSMC announce new $100 billion plan to build five new factories in America
Alongside President Trump, TSMC CEO C.C. Wei revealed that the company intends to invest an extra $100 billion in America…
Apple Card partner Goldman Sachs drops DEI section from annual filing
Apple Card partner Goldman Sachs omitted a full section on “diversity and inclusion” (DEI) from its annual filing released Thursday…
Trump admin examines whether UK violated CLOUD Act by forcing Apple to kill end-to-end encryption
The Trump admin is examining whether the UK broke a bilateral agreement by reportedly demanding that Apple either build a “backdoor” or…
Apple’s dictation system transcribes the word ‘racist’ as ‘Trump’
iPhone users noticed an issue with Apple’s automatic dictation when sending messages: the word “racist” briefly showed up as “Trump” before…
President Trump says Apple should eliminate DEI
U.S. President Donald Trump on Wednesday urged Apple, opens new tab to scrap its DEI (“diversity, equity, and inclusion”) policies, a day…
Apple to open AI server factory in Texas as part of $500 billion investment in America
Apple announced plans to collaborate with partners to establish a 250,000-square-foot AI server manufacturing plant in Houston, Texas…
President Trump says he’ll impose retaliatory tariffs for digital taxes, fines, practices, and policies on Apple, other American tech firms
On Friday, President Donald Trump announced that he would issue a Presidential Memorandum imposing tariffs on nations that apply…
Apple CEO Tim Cook meets with President Trump at the White House
The confidential Oval Office discussion between President Trump and Apple’s CEO concluded at approximately 11:15 a.m. Eastern Time…
Apple Maps restores Mount McKinley name on President Trump’s order
Just weeks into the new administration, President Trump issued an executive order that has led to significant updates on both Apple Maps and…
Indian Prime Minister Modi to meet with U.S. President Trump to discuss trade this week
This week, Indian Prime Minister Narendra Modi will meet with U.S. President Donald Trump in a significant bilateral engagement focused…
President Trump nominates Apple exec to serve as top auto safety administrator
President Donald Trump has nominated an Apple employee to serve as the nation’s top auto safety regulator overseeing a number of…