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Apple has been rebalancing its manufacturing footprint, sourcing iPhones from India and other products such as Macs and Apple Watches from Vietnam, while much of its product line still benefits from tariff exemptions
Tesla shares fell 1.8% on Friday (August 1, 2025), and are down 25% this year
Indexes down: Dow 1.23%, S&P 500 1.6%, Nasdaq 2.24%
Donald Trump claimed India halted Russian oil imports, calling it a "good step," despite earlier threats of tariffs for continued trade with Russia. He also suggested Pakistan might one day sell oil to India. India's MEA firmly rejected ...more
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