Trump threatens Apple with a 25% tariff if iPhones aren’t made in America
Truth Social / Elyse Betters Picaro / ZDNETUS President Donald Trump took to Truth Social on Friday to deliver a frank message to Apple: If the iPhones you sell in the US aren’t built on American soil, you’ll face a tariff of at least 25%. It’s the latest move in a months-long push by the President to force one of the world’s most powerful tech companies to bring more manufacturing home.”I have long ago informed Tim Cook of Apple that I expect their iPhone’s [sic] that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank your [sic] for your attention to this matter!” Trump wrote.Also: Why I bought a $5,300 Apple Mac Studio in the midst of tariffs news – and don’t regret itThe announcement quickly sent ripples through the markets, CNBC reported. In premarket trading, Apple’s share price dipped more than 2%, suggesting investor jitters over the possibility of a higher-cost iPhone — a product that accounts for roughly half of Apple’s annual revenue. More