The Latest Breaking News from Apple

The euro surged further against the US dollar, and European stock markets are set to open higher as the White House exempts electronics from the reciprocal tariffs. However, US President Donald Trump and his team hinted that the exemption would only be temporary.

The US President warned Sunday that no country would be "getting off the hook" on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived. The world's two largest economies have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault.

President says he will lay out new levies on Monday and relief on electronics will be short-lived – key US politics stories from 13 April at a glance

Robin Wilton said the Government’s approach ‘did not make a huge amount of sense’.