Moving iPhone production to the US will triple its cost due to labor costs and the reproduction of the production ecosystem. Apple shares fell due to concerns about duties.
Warren Buffett increased his fortune by $11. 5 billion this year, while other billionaires suffered losses due to Trump's customs rally. Berkshire Hathaway Inc. fell less than the S&P 500.
The European Union is considering retaliatory measures against the United States over Trump's new tariffs. Brussels may target American services such as banks and technology companies.
Mykola Tyshchenko declared a gift of over UAH 12 million from his ex-wife and a collection of watches. His salary for the year amounted to UAH 425,000.