Businesses Seek Tariff Relief After Apple's Reprieve

President Trump's recent tariff policies and the introduction of a 'non-tariff cheating' list have generated significant uncertainty and volatility in both traditional and cryptocurrency markets. While some industries and companies, such as Apple, have secured exemptions from steep tariffs, many other sectors—including retail, agriculture, and manufacturing—are lobbying for similar relief due to concerns over rising costs for American consumers. The administration's unpredictable implementation of tariffs, including sudden pauses and temporary exemptions for electronics, has contributed to historic stock market swings and widespread business anxiety. Critics, including financial experts and some Republican leaders, warn that these policies could harm the U.S. economy by fueling instability and potentially triggering a recession. The global impact is further underscored by the sharp sell-offs and heightened trading activity in cryptocurrencies following trade-related announcements. Despite some support among Trump's political base, skepticism remains high regarding the broader economic benefits of his aggressive trade stance.