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Trump Threatens 10% Tariff On iPhones

And says 25 percent China duties still a go for Jan. 1.

President Trump has raised the temperature of his get-tough-on-China trade talk. In a recent interview with the Wall Street Journal, he suggested imposing a 10 percent tariff on iPhones and Chinese-made laptops; subjecting an additional $267 billion worth of Chinese goods to import duties; and is sticking with a planned tariff hike, from 10 percent to 25 percent, that goes into effect Jan. 1.

Related: CTA Says New Tariffs Will Cost U.S. Economy $2.4B

“President Donald Trump suggested he could place a 10 percent tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday.”

See the full story at the Wall Street Journal and CNBC.