Trump is threatening to impose tariffs on two American companies

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Trump is threatening to impose tariffs on two American companies | CNN Business

//business-finance.news-articles.net/content/202 .. iffs-on-two-american-companies-cnn-business.html

Published in Business and Finance on Monday, June 9th 2025 at 14:20 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump is using his love of tariffs to threaten high-profile American companies.

2025-06-18 312 x 176 / 70606 Bytes

On June 2, 2025, CNN reported that former President Donald Trump's proposed tariffs, if implemented, could significantly impact major American companies like Apple and Mattel. Trump's tariff plan includes a 10% levy on all imported goods, which would increase the cost of Apple's iPhones, many of which are assembled in China. Similarly, Mattel, the maker of Barbie dolls, would face higher production costs due to the tariffs on imported materials and components. Industry experts warn that these increased costs could lead to higher prices for consumers and potentially affect the companies' competitiveness in the global market. Both Apple and Mattel have expressed concerns about the potential negative impacts of these tariffs on their businesses and the broader economy.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/02/business/trump-tariffs-apple-iphone-mattel-barbie ]