He raises the idea of a 50% tax on imports from the European Union, then announces a pause two days later. Meantime, he says that Apple might face a 25% tariff on iPhones made in India, though is it economically feasible to manufacture them in the U.S.? Plus, the Trump administration changes its tone on the purchase of U.S. Steel by Japan's Nippon Steel.

Learn more about your ad choices. Visit megaphone.fm/adchoices