List of Flash News about 25 percent tariff
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2025-06-16 12:16 |
Trump Threatens 25% Tariff on Apple (AAPL) and Samsung Phones: Implications for Crypto and Stock Markets
According to The Kobeissi Letter, on May 23rd, President Trump threatened Apple (AAPL) and Samsung with a 25% tariff on phones not manufactured in the USA. This marks the first 2025 Trump tariff specifically targeting individual companies. Such a move is expected to increase volatility in tech stocks, potentially prompting investors to seek alternative assets like Bitcoin (BTC) and Ethereum (ETH). Market analysts note that trade tensions may drive increased interest in cryptocurrencies as safe-haven assets, which could impact both short-term trading strategies and long-term portfolio allocations. Source: The Kobeissi Letter on Twitter, June 16, 2025. |