iNews

HAPPENING NOW! Trump FREAKS OUT as Walmart, Apple & Ross Just Triggered a Retail Collapse

Thumbnail

**BREAKING NEWS: Retail Giants on the Brink as Trump’s Tariff Threats Ignite Economic Turmoil**

In a shocking escalation of the ongoing trade war, President Donald Trump has unleashed a wave of panic across America’s retail and tech sectors, threatening a staggering 25% tariff on Apple iPhones unless production is moved to the U.S. With just days until the new tariffs take effect, the markets are reacting violently. Apple’s stock plummeted by 3% in pre-market trading, erasing nearly $70 billion in value, as investors brace for a potential economic catastrophe.

Trump’s bold move comes as part of a broader strategy to revive American manufacturing, targeting not just Apple but also retail titans like Walmart and Ross. The ramifications are dire: consumers could face soaring prices for everyday goods, and retailers are already raising costs on essentials from groceries to electronics, further straining household budgets already stretched thin by inflation.

As the clock ticks down to the June 1 deadline, experts warn that this personalized protectionism could trigger a retail collapse, with companies unable to absorb the new costs. A standard iPhone priced at $799 could skyrocket to $1,142, pushing it out of reach for many Americans. Analysts are sounding alarms over a potential recession, predicting that if more retailers follow suit and stop issuing earnings forecasts, a cascade of layoffs and store closures could ensue.

Internationally, the stakes are high. The European Union is poised to retaliate with tariffs of its own, and China is watching closely, ready to respond if the situation escalates. The delicate balance of global trade hangs in the balance as tensions rise.

As uncertainty looms, consumers and investors alike are left grappling with the fallout of Trump’s aggressive tariffs. The next few weeks will be critical in determining whether this gamble pays off or plunges the U.S. economy into deeper turmoil. Stay tuned as we continue to cover this rapidly developing story.

Related Posts

Golden State Warriors Are OFFICIALLY UNSTOPPABLE…

In a thrilling display of dominance, the Golden State Warriors have officially solidified their status as an unstoppable force in the NBA, clinching their fourth consecutive victory with…

Top 50 Muslim Football Players.

In a groundbreaking revelation for football fans worldwide, a new ranking has emerged spotlighting the Top 50 Muslim football players, igniting discussions across social media and sports networks…

¡ESCANDALO! LAURA SARABIA LANZA SERIO MENSAJE A PETRO HOY

¡ESCÁNDALO EN LA CASA DE NARIÑO! Laura Sarabia, la exministra de Relaciones Exteriores, ha lanzado un contundente mensaje al presidente Gustavo Petro, revelando la profunda crisis interna que…

Winners of the Best & Most Popular Football Tournaments (2024–2025)

In a stunning display of athleticism and passion, the winners of the most anticipated football tournaments for the 2024-2025 season have just been announced, sending shockwaves through the…

Mexico Made The Tough Decision Against Trump’s Tariffs: U.S. Auto Industry Could Cripple!

In a dramatic escalation of trade tensions, Mexico has issued a fierce warning to the United States following the reintroduction of crippling tariffs on steel and aluminum imports…

195 Countries and Their Neighbors – (Map Breakdown!)🌐🗺️

In a stunning geographical revelation, a new map has emerged, showcasing the intricate relationships between 195 countries and their neighbors, igniting discussions across the globe. This captivating visual…