Trump Threatens Apple with 25% Tariff on iPhones Not Made in the USA
Share this @internewscast.com

President Donald Trump has threatened to impose a tariff of at least 25 percent on Apple iPhones not manufactured in the United States.

President Donald Trump issued a stark warning to Apple CEO Tim Cook in a post to Truth Social, stating that iPhones sold in the United States must be manufactured domestically, or else face a tariff of at least 25 percent. This announcement comes amidst escalating trade tensions between the U.S. and various countries, including China, where the majority of Apple’s iPhone production currently takes place.

Donald Trump warns Apple of tariffs

Donald Trump warns Apple of tariffs

 

Trump wrote, “I have long ago informed Tim Cook of Apple that I expect their iPhone’s 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 percent must be paid by Apple to the U.S.” The threat caused Apple’s shares to fall by approximately three percent in premarket trading.

The iPhone, Apple’s flagship product, is primarily manufactured in China, although the company has been shifting some of its production to India due to the country’s more favorable trade relationship with the United States. However, moving the entire iPhone production to the U.S. could prove to be a costly endeavor for Apple. Trump previously urged Apple to move production to America instead of India, which Apple has seemingly ignored.

As – News previously reported:

Bloomberg reports that in a recent conversation with Apple CEO Tim Cook, President Donald Trump expressed his displeasure with the company’s plans to expand iPhone production in India. Trump, who is currently on a state visit to Qatar, said, “I had a little problem with Tim Cook yesterday. He is building all over India. I don’t want you building in India.”

This latest development marks an escalation in Trump’s pressure on Apple and Cook to increase domestic manufacturing. The two met at the White House on Tuesday, according to Politico, and Cook has previously shown support for Trump by contributing $1 million to his inauguration fund and attending the event in January. Apple has also announced plans to invest $500 billion in U.S. development, including the production of AI servers in Houston.

During its May 1 earnings report, Apple stated that it anticipates an additional $900 million in costs related to tariffs in the current quarter. CEO Tim Cook acknowledged the difficulty in predicting the tariff outlook beyond June. Meanwhile, Foxconn, one of Apple’s primary iPhone assembly partners, is investing $1.5 billion to expand its facilities in India, as reported by the Financial Times.

In addition to the tariff threat on Apple, Trump also called for a 50 percent tariff on products imported from the European Union. These posts collectively indicate a resurgence in trade tensions after the U.S. had temporarily lowered many of its levies, including those in an agreement with China.

Read more at CNBC here.

Lucas Nolan is a reporter for – News covering issues of free speech and online censorship.

Share this @internewscast.com
You May Also Like

Explore Inside Jaclyn Smith’s Stunning Beverly Hills Mansion

Jaclyn Smith, famed for her role in Charlie’s Angels, recently offered fans…

Chilling Revelations: Disturbing Knife Details Emerge in Nick Reiner’s Alleged Murder Case

Throughout the annals of history, parricide has been condemned as a profound…

2023 Holiday Shopping: Coles, Bunnings, Kmart & More – Christmas Opening Hours Revealed!

With the end of the year approaching, many Australians are starting to…

Experience the Ultimate Gaming Getaway: First-Ever Hotel with Esports Arena and Nightlife Opens Soon!

In a groundbreaking move for the hospitality industry, a unique gaming hotel…

Female Officer Granted Bail Following Incident Involving Police Gunfire

The Massachusetts police officer who was shot by a colleague during an…

Unveiling the Mystery: 8 Clues Linking Andrew to Epstein’s Emails

An individual who referred to themselves as the ‘Invisible Man’ and sought…

FBI Confirms ‘Epstein’ Prison Postcard to Larry Nassar as Fabricated

The FBI has determined that a purported prison postcard, allegedly penned by…

Reunion Surprise: Former Nickelodeon Stars Team Up for Unforgettable Hotel Adventure

Former Nickelodeon star Tylor Chase, who recently gained attention after a viral…

Airline Faces Backlash After Denying Passenger’s Request to Keep Two Cats Under Seat

An incident involving an Alaska Airlines passenger erupted when staff denied her…

Russell Brand Makes Light of Legal Battle Amid Fresh Charges

Russell Brand has addressed recent legal proceedings following the emergence of new…

Discover the Hidden Danger: How Popular American Diets May Be Setting the Stage for Liver Disease

Researchers have identified the perilous effects of a high-fat diet, revealing its…

Explosive Strip Club Confrontation: Chauffeur Reveals Tensions with Epstein and Ghislaine Maxwell

A heated exchange with Jeffrey Epstein at a strip club reportedly led…