“He just set an unbelievable tone,” Daigneault said. “I think he understood his role in our mentality. He was a participant in that and he was a leader in that. And he was ready to play from the jump.”
Sales staffs work at an Apple shop in Hanoi, Vietnam Thursday, April 10, 2025. (AP Photo/Hau Dinh, File)Sales staffs work at an Apple shop in Hanoi, Vietnam Thursday, April 10, 2025. (AP Photo/Hau Dinh, File)
The EU’s top trade official, Maros Sefcovic, posted on the social media site X that he spoke Friday with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.“The EU’s fully engaged, committed to securing a deal that works for both,” Sefcovic said. “EU-US trade is unmatched & must be guided by mutual respect, not threats. We stand ready to defend our interests.”Trump’s tariffs against Europe had been preceded by a threat of import taxes against Apple for its plans to continue making its iPhone in Asia. Apple now joins Amazon, Walmart and other
as they try to respond to the uncertainty and inflationary pressures unleashed by his tariffs.“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump wrote. “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”
Trump later clarified his post to say that all smartphones made abroad would be taxed and the tariffs could be coming as soon as the end of June.
“It would be also Samsung and anybody that makes that product,” Trump said. “Otherwise, it wouldn’t be fair.”Last week, Federal Reserve Chair Jerome Powell
that the central bank was likely to keep its key interest rate unchanged at about 4.3% as it waited to see how Trump’s policies impacted the economy. Trump called for the Fed to cut rates on Friday.“There’s a lot of waiting and seeing going on, including by us,” Powell said. “And that just seems like the right thing to do in this period of uncertainty.”
It’s International Fact-Checking Day, an event to highlight the work of fact-checkers around the world.marking the day, Angie Drobnic Holan, director of the the International Fact-Checking Network, noted the recent challenges faced by fact-checkers, including a loss of funding and attacks on fact-checkers and their organizations.