The Trump Organization said the $499 T1 Phone is 'proudly designed and built in the United States.' But experts said it almost surely is being made in China.

Gold fluctuated as investors tracked hostilities in the Middle East, with Donald Trump playing down the prospects of a ceasefire between Israel and Iran.

President Donald Trump’s business organization announced Monday it will provide cell service and sell a Trump-branded smartphone to “real Americans.”The Trump Organization says its smartphone will be known as “T1” and will be gold,

While it may sound like a bad SNL sketch come to life, the news is true — the Trump Organization (revealed via Trump's son, Eric) has announced that they've licensed the presidential family name for smartphones and cellular services, calling it " Trump Mobile. "

The Trump Organization's latest venture will raise concerns about the president's potential conflicts of interest amid his tariffs threat.