ImagePresident Trump’s proposal that the United States should take control of Gaza and turn it into the “Riviera of the Middle East” drew widespread criticism, including from allies.But it also underscored the expanse of his geopolitical and economic aims, especially after his comments about Greenland and Canada.
What will serve as checks on his ambitions?We also point out how China’s reported deliberations about investigating Apple show the potential costs of Trump’s tariff fight.And we dive into more efforts by the Trump administration to say there are limits on Elon Musk’s government work.The Apple factor in the trade fightThe trade battle between Washington and Beijing is taking a bite out of one of President Trump’s favorite American tech giants.Shares in Apple are down more than 2 percent in premarket trading on Wednesday, erasing $90 billion in market value, after Bloomberg reported that Chinese regulators may begin an investigation into the iPhone maker.The latest saber-rattling by China underscores that the president’s tariff threats could hurt American interests.
That said, Washington isn’t standing still, either.What’s happening: China’s State Administration for Market Regulation is taking a close look at Apple’s App Store policies, including the cut that the U.S.tech company takes from sales there and its restrictions on the use of external payment services and stores, Bloomberg reports.
The publication added that the possible inquiry might be forestalled if talks with Apple over these concerns make progress.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....