Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft. “NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries … Read more
Donald Trump’s tariff policies appear to be changing once again. It appears that the Trump administration’s tariff exemptions on iPhones and other electronics announced on Friday are coming back. After imposing a whopping 145 percent tariff on goods from China, Trump rolled out exceptions that were surely welcomed by tech companies like Apple. SEE ALSO: … Read more
Shares in the US tech giant were one of Wall Street’s biggest casualties in the days immediately after Trump announced his reciprocal tariffs. About $700 billion was wiped off Apple’s market value in the space of a few days. Earlier this week, Trump said he would consider excluding US companies from his tariffs, but added … Read more
Brown, Goldstein & Levy joined over 500 law firms in an amicus brief in support of Perkins Coie, which has filed a lawsuit challenging the President’s March 6 Executive Order “Addressing Risks from Perkins Coie LLP.” The Executive Order directs executive-branch officials to take numerous actions negatively targeting Perkins Coie and its personnel, including stripping … Read more
President Donald Trump has announced a 90-day pause on his reciprocal tariffs, and the stock market is already bouncing back — from the damage caused last week when Trump announced his reciprocal tariffs. Tech stocks, like Apple, Sony, and Microsoft, shot up quickly following Trump’s announcement, with Tesla rising particularly fast. As of this writing, … Read more