President Donald Trump's sweeping new tariff policy—dubbed “Liberation Day” tariffs—will take effect next week, applying new import duties on goods arriving by sea starting October 5. The executive order targets more than 70 nations, with tariff rates ranging from 10% to 41%, depending on economic cooperation and diplomatic standing with the U.S.
Apple posted its highest March-quarter revenue in over two years, hitting $95 billion, as consumers rushed to buy devices ahead of new U.S. tariffs. The revenue spike, a five percent year-over-year increase, reflects growing economic uncertainty tied to the ongoing U.S.-China trade war under President Donald Trump’s tariff policy.
