News Snapshot:
What you need to know US President Trump is gunning for a 25% tax on phones not made in the U.S., including iPhones and Samsung devices. Even though iPhones are designed in the U.S., they’re built in China, and that’s a major headache with the U.S.-China trade war raging. Apple tried sidestepping the heat by shifting some production to India, but Trump wasn’t impressed. The tariff heat isn’t just on Apple anymore: Android brands like Samsung are likely to feel it. Both Galaxy phones and iPhones are caught in the same political storm at present. President Donald Trump is pushing...