Apple

Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones. By Stephen Alpher Updated May

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Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K

The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones.

Donald Trump (Tom Brenner For The Washington Post via Getty Images)

President Donald Trump (Tom Brenner For The Washington Post via Getty Images)

What to know:

  • Risk assets — bitcoin among them — fell sharply during early morning U.S. hours after President Trump reignited what had been cooling trade tensions.
  • Floating along at above $111,000, bitcoin quickly fell about 2.5% on the news.
  • The president threatened a 50% tariff on all EU imports to begin June 1 as well as a 25% tariff on Apple iPhones not made in the U.S.

What was setting up to be a somewhat sleepy session ahead of the holiday weekend is no more as President Trump woke up and chose to reignite what had been cooling trade tensions.

“The European Union … has been very difficult to deal with,” said the president in a Truth Social posting. “Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% tariff on the EU, starting on June 1.”

STORY CONTINUES BELOW
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The leader of the free world also took aim at Apple (AAPL) and its CEO Tim Cook. “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the U.S. will be manufactured and built in the U.S., not India or anyplace else. If that’s not the case, a tariff of at least 25% must be paid by Apple.”

U.S. stock index futures quickly moved from modest gains to nearly 2% declines, with Apple falling 3.6%. Above $111,000 prior to the news, the price of bitcoin

quickly pulled back to $108,600.

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Stephen Alpher

Stephen is CoinDesk’s managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania’s Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

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Apple

The social media ban is an experiment – here’s how it will be studied

Scientists have long grappled with how to measure the effect of social media on children. Now, the UK government has announced a total ban for everyone under 16, and researchers are rushing to design rigorous studies before it comes into effect…

Scientists have long grappled with how to measure the effect of social media on children. Now, the UK government has announced a total ban for everyone under 16, and researchers are rushing to design rigorous studies before it comes into effect…
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Apple

Apple beefing up child safety as more governments enact, explore social media bans

Breadcrumb Trail Links Home News World Share this Story : National Post Copy Link Email X Reddit Pinterest LinkedIn Tumblr Apple beefing up child safety as more governments enact, explore social media bans Tech companies are under pressure to limit children’s exposure to social media, which has been linked to mental health risks Author of

Apple beefing up child safety as more governments enact, explore social media bans

Tech companies are under pressure to limit children’s exposure to social media, which has been linked to mental health risks

Article content

Apple Inc. is expanding tools for parents to protect children online, a move that comes as governments around the world increasingly ban social media for young people.

Article content

The iPhone and iPad maker at its Worldwide Developers Conference Monday previewed new features that will let parents better control on devices when kids can use apps, what content they can access and with whom they can communicate.

Article content
Article content

Story continues below

Article content

Tech companies are under growing pressure to limit children’s exposure to social media, which some psychologists have linked to mental health risks, including cyberbullying, eating disorders and suicide. Apple already lets parents create special accounts for children, required for those under 13 years old and available for those up to 18.

Article content
Article content

The updates are designed to help families “thoughtfully establish age-based protections and develop healthy digital habits,” Sumbul Desai, Apple’s vice president of health and fitness, said on the Cupertino, California-based company’s website.

Article content

Beginning with software updates this fall, parents will be able to use children’s account features to pick which apps they can use and control which websites they can view, for example.

Article content

Australia in December became the world’s first democracy to force the likes of Meta Platforms Inc., TikTok, and Snap Inc. to kick under-16s off their platforms. The movement has since spread globally, with Indonesia, parts of India, the UK and several European countries implementing or discussing similar restrictions.

Article content

Story continues below

Article content

Jury verdicts in the U.S. in recent months against some of the services have increased public discussion of social media’s harms.

Article content
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  1. Prime Minister Mark Carney with his wife Diana Fox Carney during a visit to the Vector Institute at the Schwartz Reisman Innovation Campus in Toronto, on Thursday, June 4, 2src26.
    Carney government to ban social media for kids younger than 16, but will allow exemptions
  2. A teenager holds a mobile phone displaying a message from social media platform Instagram after the account was locked for age verification in Sydney on December 9, 2src25.
    Poll finds 90% in favour of social media age ban, while advocates urge action for online harms
  3. Advertisement 1
    Story continues below
Article content

Australian Prime Minister Anthony Albanese said Tuesday Apple Chief Executive Officer Tim Cook called him to discuss the new safety controls.

Article content

“Mr. Cook told me these changes are in part inspired by Australia’s world-leading social media age ban, as well as the continued research Apple is undertaking into the impact of social media on kids,” Albanese said in a statement.

Article content

Apple didn’t immediately respond to a request for comment.

Article content

Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our newsletters here.

Article content
Article content

Apple Inc. is expanding tools for parents to protect children online, a move that comes as governments around the world increasingly ban social media for young people.

Article content

The iPhone and iPad maker at its Worldwide Developers Conference Monday previewed new features that will let parents better control on devices when kids can use apps, what content they can access and with whom they can communicate.

Article content
Article content

Story continues below

Article content

Tech companies are under growing pressure to limit children’s exposure to social media, which some psychologists have linked to mental health risks, including cyberbullying, eating disorders and suicide. Apple already lets parents create special accounts for children, required for those under 13 years old and available for those up to 18.

Article content
Article content

The updates are designed to help families “thoughtfully establish age-based protections and develop healthy digital habits,” Sumbul Desai, Apple’s vice president of health and fitness, said on the Cupertino, California-based company’s website.

Article content

Beginning with software updates this fall, parents will be able to use children’s account features to pick which apps they can use and control which websites they can view, for example.

Article content

Australia in December became the world’s first democracy to force the likes of Meta Platforms Inc., TikTok, and Snap Inc. to kick under-16s off their platforms. The movement has since spread globally, with Indonesia, parts of India, the UK and several European countries implementing or discussing similar restrictions.

Article content

Story continues below

Article content

Jury verdicts in the U.S. in recent months against some of the services have increased public discussion of social media’s harms.

Article content
Read More
  1. Prime Minister Mark Carney with his wife Diana Fox Carney during a visit to the Vector Institute at the Schwartz Reisman Innovation Campus in Toronto, on Thursday, June 4, 2src26.
    Carney government to ban social media for kids younger than 16, but will allow exemptions
  2. A teenager holds a mobile phone displaying a message from social media platform Instagram after the account was locked for age verification in Sydney on December 9, 2src25.
    Poll finds 90% in favour of social media age ban, while advocates urge action for online harms
  3. Advertisement 1
    Story continues below
Article content

Australian Prime Minister Anthony Albanese said Tuesday Apple Chief Executive Officer Tim Cook called him to discuss the new safety controls.

Article content

“Mr. Cook told me these changes are in part inspired by Australia’s world-leading social media age ban, as well as the continued research Apple is undertaking into the impact of social media on kids,” Albanese said in a statement.

Article content

Apple didn’t immediately respond to a request for comment.

Article content

Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our newsletters here.

Article content
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The Apple Watch Series 11 Drops to $238 During the Early Amazon Resale Prime Day Sale

Apple Watch prices have dropped for Amazon Prime Day. Starting today, most colors and styles start at $279 for the 42mm size and $309 for the 46mm size. That’s the lowest price I’ve ever seen by $20 and currently $120 cheaper than buying directly from the Apple Store. The Series 11 is Apple’s newest model.

Apple Watch prices have dropped for Amazon Prime Day. Starting today, most colors and styles start at $279 for the 42mm size and $309 for the 46mm size. That’s the lowest price I’ve ever seen by $20 and currently $120 cheaper than buying directly from the Apple Store. The Series 11 is Apple’s newest model. The Series 12 is expected to be announced sometime in September, but it will probably retail for $399 or more and come with minor incremental upgrades.

Apple Watch Series 11 Starting at $279 for Prime Day

Apple Watch Series 11 [GPS 42mm]

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Apple Watch Series 11 [GPS 46mm]

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The Apple Watch Series 11 is the best smartwatch for most iOS users. It’s stylish, boasts excellent build quality, and seamlessly integrates with your iPhone. It’s loaded with tons of practical health and fitness features, including activity tracking and heart rate monitoring. New to the Apple Watch 11th generation model specifically are (1) the Apple Intelligence powered “Workout Buddy” that motivates you during exercise, (2) hypertension notifications, and (3) a sleep score that measures the quality of your sleep. The biggest hardware updates include a brighter and more scratch resistant display and 33% longer battery life.

Can you use an Apple Watch with Android phones?

Although it’s technically possible to use an Apple Watch with an Android phone, we wouldn’t recommend it. Apple made it so that a lot of the functionality of the Apple Watch requires a smartphone with an iOS operating system. There are some workarounds to implement some of its features, but for the average person, the hassle is not worth it. If you’re absolutely intent on getting an Apple Watch, then getting an iPhone first would be the best option.

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Desperate Housewives Alum Marcia Cross Shares Rare Selfie

Marcia Cross is giving desperate fans a rare apple. While the Desperate Housewives alum—who starred as Bree Van de Kamp on the hit ABC series—often keeps her social media focused on her career and activism, she shared a close look into her traveling style in a rare selfie. In a May 28 Instagram post, Marcia

Marcia Cross is giving desperate fans a rare apple. While the Desperate Housewives alum—who starred as Bree Van de Kamp on the hit ABC series—often keeps her social media focused on her career and activism, she shared a close look into her traveling style in a rare selfie. In a May 28 Instagram post, Marcia
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