The president escalated battles with prominent American companies and institutions, as well as a key trading partner. The damage could be extensive.
Just in: President Trump threatened Apple with stiff levies if it doesn’t start making iPhones in the U.S. instead of India or China: “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.” Shares in Apple are down sharply in premarket trading. He also vowed a 50 percent tariff on the European Union, starting next month, as “our discussions with them are going nowhere!
The stakes of Harvard’s latest fight
The Trump administration’s escalation of its war against Harvard — this time, by restricting the university’s ability to enroll international students — is another blow to the school.
But the scope of the hit goes beyond tuition fees. If it stands, the administration’s move could dent the university’s finances for years to come.
A recap: The Department of Homeland Security said it would revoke Harvard’s Student and Exchange Visitor Program certification, forcing international students at the school to transfer or lose their legal status in the U.S.
Harvard called it “unlawful,” saying the move was based on an unreasonable demand for records on international students.