Trump threatened Apple with 25% tariffs unless the company starts making their iPhones in the United States. His threat came after Apple CEO Tim Cook said the company would continue manufacturing phones in India to avoid expensive prices for Americans.

"If that is not the case, a tariff of at least 25% must be paid by Apple to the US."Adding uncertainty to his ultimatum, Trump later said the tariff wouldn't apply to just the iPhone but also to any smartphone made outside the US.

President Trump said Tuesday that the EU plans to "quickly establish meeting dates" regarding trade negotiations with the U.S. "This is a positive event, and I hope that they will, FINALLY, like my same demand to China,

Shortened trading week to feature inflation data, Nvidia earnings, political are fights brewing this summer, Musk is back at Tesla, and more news to start your day.

President Donald Trump said his tariff policy seeks to encourage the domestic manufacturing of tanks and technology products, not T-shirts and sneakers.

Major China-listed Apple suppliers including Luxshare, Goertek and Lens Tech opened sharply lower on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones. Trump threatened on Friday to ratchet up his trade war again,