Trump Threatens Tariffs on iPhones Not Made in US
President Donald Trump wants his iPhones made in the U.S. And there may be a steep price to pay if they are not. Trump threatened a 25% tariff on Apple in his ongoing tariff war with other countries, per a report on CBS…
President Donald Trump wants his iPhones made in the U.S. And there may be a steep price to pay if they are not.
Trump threatened a 25% tariff on Apple in his ongoing tariff war with other countries, per a report on CBS News.
“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,” Trump wrote on X Friday. “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank your for your attention to this matter!”
Trump also threatened to hit the European Union with a 50% tariff because they are “very difficult to deal with.”
“Our discussions with them are going nowhere!” the president said in another post on X. “Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”
“There is no Tariff if the product is built or manufactured in the United States,” he wrote.
The new tariff is expected to put a dent in Apple’s profits.
Apple CEO Tim Cook said on May 1 that Tariffs