Donald Trump

Former U.S. President Donald Trump has threatened 25% tariffs on iPhones unless Apple shifts production stateside, with similar pressures on Samsung, per recent reports. Analysts dismiss the feasibility, noting Apple’s deep reliance on China’s integrated supply chain and the prohibitive costs of relocating manufacturing. TF International’s Ming-Chi Kuo estimates Apple would prioritize absorbing tariffs over restructuring supply lines, while Wedbush’s Dan Ives warns U.S. production could raise iPhone prices to $3,500, crippling demand. Both analysts deem the proposal politically driven and economically unviable.

Tensions between Donald Trump and Harvard University intensified after Trump criticized its academic standards, claiming some students struggle with basic math, amid federal actions targeting the institution. The Trump administration froze $2.2 billion in grants, alleging antisemitism tolerance and controversial DEI policies. On May 22, Homeland Security revoked Harvard’s certification to enroll international students, accusing it of fostering anti-Jewish sentiment. Harvard President Claudine Gay denounced the moves as political overreach, filing an emergency lawsuit. Analysts see the conflict as part of broader ideological clashes over academic freedom and federal oversight, with Harvard’s $51 billion endowment buffering immediate financial impacts but legal outcomes potentially reshaping university autonomy.

Justin Sun, founder of Tron, confirmed attendance at a dinner with Donald Trump as the largest holder of MAGA-themed Trump Tokens. His $19.67 million stake aligns with the token’s exclusive perks, including White House access for top holders. Sun’s prior $75 million investment in a Trump-linked asset project could channel up to $56 million to Trump affiliates. Meanwhile, U.S. regulators halted crypto enforcement actions since Trump’s 2024 campaign surge, including an SEC lawsuit against Sun over Tron, now paused. Valued at $8.5 billion, Sun continues blending crypto ventures with political ties amid regulatory scrutiny.