Trump threatens EU and iPhone with tariffs

Trump proposes 50% EU tariff, 25% iPhone levy, causing market turmoil and gold surge amid trade tensions.

Published

9 months ago

May 26, 2025

Trump proposes 50% EU tariff, 25% iPhone levy, causing market turmoil and gold surge amid trade tensions.

President Donald Trump has announced plans for a 50% tariff on EU goods and a 25% levy on imported iPhones, intensifying global trade uncertainty.

Markets quickly reacted with major stock indexes falling and gold prices spiking as investors sought safe havens.

Trump’s bold move reflects frustration with slow EU negotiations, aiming to pressure companies like Apple to bring production back to the U.S.

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B-1 bombers hit Iran in Operation Epic Fury

U.S. deploys B-1 bombers over Iran for first Middle East mission since 1998, targeting ballistic missile sites.

Published

1 hour ago

March 3, 2026

Harvey Vargas

U.S. deploys B-1 bombers over Iran for first Middle East mission since 1998, targeting ballistic missile sites.

The U.S. Air Force has sent its B-1B Lancer bombers deep into Iran to target ballistic missile sites as part of Operation Epic Fury. This mission marks a serious escalation in Middle East tensions and showcases the strategic reach of American air power.

The Lancer can fly at supersonic speeds and carry up to 75,000 pounds of bombs, making it a cornerstone of U.S. strategic bombing operations. Its long-range capability allows precise strikes on critical targets.

This mission marks the Lancer’s return to the Middle East nearly 25 years after its first combat operation during Operation Desert Fox in 1998. Centcom has not revealed the exact munitions used.

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News

Iran live updates: Trump Says Iran strikes to continue for four to five weeks

Published

1 day ago

March 2, 2026

Ahron Young

What’s happening in the Middle East?

President Donald Trump says Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed, with Iran now entering a transitional period under a three man leadership council
Trump says U.S. strikes on Iran could last four to five weeks, outlining objectives including destroying missile capabilities, dismantling Iran’s navy and preventing it from obtaining a nuclear weapon
The U.S. military confirms four American service members have been killed, and the White House says U.S. forces have destroyed and sunk nine Iranian naval ships
Iran says it sees “no limit” to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with additional deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been disrupted, Qatar has halted LNG production, UAE stock markets have closed temporarily, and oil and gas prices have surged

News

Israel strikes Tehran anew as conflict escalates and global markets react

Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.

Published

1 day ago

March 2, 2026

Harvey Vargas

Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.

Israel has launched a new wave of strikes on Tehran, following the reported killing of Iran’s Supreme Leader, Ali Khamenei. U.S. President Donald Trump has warned the campaign could last up to a month, framing the operation as a move to prevent Iran from acquiring nuclear capabilities.

Iran has retaliated with missile attacks, while its Revolutionary Guards claim responsibility for assaults on oil tankers in the Gulf. The escalating hostilities are already disrupting global shipping lanes and air travel, sending shockwaves through international markets.

With reports of the first U.S. casualties emerging and Washington declaring the Tehran operation a success, tensions across the Middle East are intensifying rapidly. The question now is how far this conflict could spread — and at what cost.

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#Israel #Iran #Tehran #MiddleEastConflict #Geopolitics #OilMarkets #BreakingNews #GlobalSecurity