Stocks, dollar stumble after Trump reignites his trade war
Teona Gherasim
New York CNN — Markets thought they had a serious debt problem . Now they have a trade war problem to worry about again. Stocks fell Friday after President Donald Trump brought the trade war back to the forefront with threats of massive tariffs against America’s most valuable company and one of its most important trading partners. In quick succession, Trump posted on Truth social Friday morning that he would impose a 25% tariff on Apple if it refused to make iPhones in the United States.
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