President Trump on Friday took aim at Apple and the European Union in a significant escalation of his ongoing trade war. In a one-two posting spree on Truth Social early Friday, he threatened Apple with 25% tariffs on non-US-made iPhones,

Analysts welcomed the de-escalation agreed in Geneva, but told Newsweek that many questions remain unanswered.

The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

As President Donald Trump conducted an impromptu news conference in Doha, Qatar, this month, surrounded by business leaders and top advisers, he made a point of singling out one person in particular.

Analysts said the cuts in the House budget bill will increase emissions and raise energy prices while effectively ceding the clean energy market to China.

Importers are bringing in more goods with a recent tariffs pause, but not enough to guarantee retail store shelves won't run low, or empty in the months ahead.

While the White House backed off from its steepest levies on Chinese goods, economists say it’s still too early to declare the US economy is out of danger altogether. Recession risks remain, even if the odds of a downturn have been dialed back a notch.