Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S.’ tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price…
Category: Tariffs
Asia Pacific, EVs, Geely, Global Security News, Tariffs, Transportation, zeekr
China’s Geely moves to take EV startup Zeekr private amid trade war with US
China’s Geely has offered to take its EV startup Zeekr private, one year after the company debuted on the NYSE.
Commerce, Global Security News, Government & Policy, Tariffs, temu
Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein…
Commerce, Etsy, Global Security News, secondhand marketplace, Tariffs
eBay and Etsy are relatively confident despite tariff pressures
Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs. However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned. The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of…
Apple, Enterprise, Global Security News, Hardware, iPhone, Tariffs
Despite paying $900M in tariffs, Apple’s Tim Cook isn’t announcing price increases — yet
“We’re very engaged on the tariff discussions, Apple CEO Tim Cook said. “On the pricing piece, we have nothing to announce today.”
Apple, Commerce, Global Security News, Tariffs
Apple CEO Tim Cook says tariffs to add only $900M in costs in Q3
Apple CEO Tim Cook commented on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast what that would mean for the coming quarter. However, if things remained the same, the company estimates…
Apple, Commerce, Global Security News, Tariffs
Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast what that would mean for the coming quarter. However, if things remained the…
china, Global Security News, Government, House Energy and Commerce Committee, microchips, Nanette Barragan, North America, Policy, Richard Hudson, Salt Typhoon, Tariffs, telecommunications, Telecommunications Industry Association, undersea cables
Tariffs could slow replacement of telecom networks, according to industry official
Tariff hikes will drive up prices and make it harder for telecommunications providers to replace networks more vulnerable to Chinese hacker intrusion, an industry official told lawmakers Wednesday. “Tariffs will only raise prices,” David Stehlin, CEO of the Telecommunications Industry Association, told Rep. Darren Soto, D-Fla. While it makes sense to find ways to bring…
Amazon, Commerce, E-Commerce, Global Security News, prime day, Tariffs
Amazon Prime Day to return in July despite threat of tariffs
Amazon is bringing back its annual sales event, Prime Day, in July, the e-commerce giant said on Tuesday. This year, consumer demand for the popular sale event could be dampened by the possibility of tariffs increasing the cost of goods. To highlight the impact of President Trump’s tariffs, Amazon will reportedly begin to display the…
Apps, Asia Pacific, Commerce, Global Security News, Shein, Tariffs, temu
Temu adds ‘import charges’ after Trump tariffs
Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer…
Apps, Asia Pacific, china, Commerce, Global Security News, Shopping, Tariffs
Chinese shopping app Taobao joins DHgate in Top 5 on US App Store
The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China. Another Chinese shopping app, Taobao, has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these…
Asia Pacific, Commerce, Global Security News, Government & Policy, Shein, Tariffs, temu
Shein and Temu to raise prices for US shoppers in response to tariffs
Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to…
Apps, china, Commerce, ecommerce, Global Security News, taiffs, Tariffs, TikTok
Chinese marketplace DHgate becomes a top US app as trade war intensifies
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the Apple App Store in the U.S. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually…
Donald Trump, Global Security News, Government & Policy, Hardware, Tariffs
Tech tariff exemptions are only temporary, according to Trump’s commerce secretary
The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier this month. (While Trump delayed many of those tariffs this week, he left a 10%…
Apple, Donald Trump, Global Security News, Government & Policy, Hardware, Tariffs
Trump exempts smartphones, laptops, and semiconductors from new tariffs
The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many of the market-shaking tariffs that he’d announced the previous week, he kept a universal baseline 10% tariff in place, while also increasing tariffs on Chinese goods to 125% (on top of…
Asia Pacific, Global Security News, Government & Policy, Startups, Tariffs, TC, trump's tariffs
38 consumer startup founders lobby over Trump tariffs: One faces a surprise $200K bill
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries – setting the rate at 10% for now – China’s was raised to 145%, which includes the previous 20% levy. In the…
Global Security News, Government & Policy, MrBeast, Social, Tariffs
At last, MrBeast weighs in on the global economic crisis du jour
Your 401k is suffering. The billionaires are fighting. The gamers are imperiled. Not even the penguins on McDonald Island, where no humans reside, have been spared. But at long last, 26-year-old YouTuber and chocolatier MrBeast has weighed in on President Donald Trump’s controversial plan to impose sweeping tariffs on imports. Jokes aside, the prolific YouTuber…
Apple, Asia Pacific, china, Global Security News, Hardware, India, Tariffs
Apple might import more iPhones from India to side-step China tariffs
Apple is considering importing more iPhones from India to side-step the 54% additional tariffs on goods imported from China that U.S. President Donald Trump announced last week, the Wall Street Journal reported, citing anonymous sources. The company sees this as a short-term measure while it seeks to negotiate with the Trump administration to get an…
Apple, Asia Pacific, china, Global Security News, Hardware, India, Tariffs
Apple might import more iPhones from India to side-step China tariffs
Apple is considering importing more iPhones from India to side-step the 54% additional tariffs on goods imported from China that U.S. President Donald Trump announced last week, the Wall Street Journal reported, citing anonymous sources. The company sees this as a short-term measure while it seeks to negotiate with the Trump administration to get an…
Global Security News, Government & Policy, Social, Tariffs, Trump
How one tweet wreaked havoc on the stock market
Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed, rapidly rising for a brief…
Apple, Asia Pacific, Global Security News, Government & Policy, Hardware, Tariffs, Tesla, Transportation
Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our…
Ford, Global IT News, Global Security News, GM, Government & Policy, Stellantis, Tariffs, Transportation
Trump gives Big 3 automakers one month reprieve for Canada, Mexico tariffs
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — according to Politico. The reprieve comes less than two days after Trump issued 25% tariffs on all goods from the U.S.’s neighbors, which…
Gadgets, Global IT News, Global Security News, Government & Policy, Hardware, Keyboard, mechanical keyboard, qwertykeys, Tariffs
Keyboard maker suspends U.S. shipments over Trump tariffs on Chinese goods
The mechanical keyboard maker Qwertykeys announced Wednesday that it has suspended all U.S. product shipments owing to new tariffs levied by the Trump administration. The Guangdong-based outfit cites a February 1 announcement of 10% tariffs on imported Chinese goods as the motivating factor. “This new policy replaces all previous tariff exemptions, including the exemption for…
AI, antitrust, Asia Pacific, china, Enterprise, Global Security News, Google, Government & Policy, Intel, Tariffs, TC
China may probe Intel for antitrust: report
Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per…
ces 2025, Gadgets, Global IT News, Global Security News, Government & Policy, Hardware, Tariffs
Consumer tech spending will break records in 2025 if Trump’s tariffs don’t squash it, CTA predicts
AI is leading US consumers towards a tech spending bonanza this year if tariffs don’t materialize, new research from the Consumer Technology Association finds. © 2024 TechCrunch. All rights reserved. For personal use only.