Investing.com -- Democratic Senators Elizabeth Warren and Richard Blumenthal have urged the U.S. Justice Department to prosecute Boeing (NYSE:BA) in a criminal fraud case related to two fatal 737 MAX crashes. They have also asked the department to reject a preliminary agreement that would let the aerospace company avoid admitting guilt.The senators expressed their concerns in a letter, stating tha ...
By Philip Blenkinsop, David Lawder and Stephanie van den Berg BRUSSELS/BANFF, Canada/THE HAGUE (Reuters) -U.S. President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple (NASDAQ:AAPL) he may slap a 25% levy on all iPhones bought by U.S. consumers. The twin threats, delivered via social media ...
By Sruthi Shankar, Medha Singh, Ragini Mathur and Purvi Agarwal (Reuters) -European shares closed sharply lower on Friday after U.S. President Donald Trump ramped up threats of tariffs on the European Union and smartphone giant Apple (NASDAQ:AAPL), reigniting fears of a damaging global trade war. Trump said he is recommending a straight 50% tariff on goods from the EU starting on June 1, which wou ...
Treasury Secretary Scott Bessent discussed a range of issues, from ongoing trade talks to potential tariffs and tax bills, on Fox News today. His comments came after President Trump’s social media post where he criticized the European Union (EU) and recommended a 50% tariff on the bloc, starting June 1.Bessent indicated that the 90-day pause in talks on April 2 was based on good-faith negotiatio ...