Good morning, Quartz readers! Here’s what you need to know Trump’s Fed up. The president called Federal Reserve Chair Jerome Powell “always too late and wrong” and said his termination can’t come “fast enough.” Suggested Reading The wine industry is getting crushed like grapes, thanks to tariff uncertainty Nvidia has lost $250 billion worth of market cap in almost an instant A rival to Elon Musk's Neuralink scored a big win How Trump’s tariffs could make your iPhone cost $3,500 CC Share