Trump Threatens Apple With 25% Tariff Over iPhone Manufacturing
The former president insists that iPhones sold in the U.S. must be produced domestically to avoid significant tariffs.
Former U.S. President Donald Trump issued a warning on Friday regarding Apple, stating that the company could face a 25% tariff on its products unless it begins manufacturing iPhones in the United States.
This statement was made via Trump's social media platform, where he emphasized his expectation that iPhones sold in the U.S. should be produced domestically rather than in countries such as India.
The proposed tariff could significantly increase the retail prices of iPhones, which may adversely affect sales and profit margins for the technology giant.
Apple is currently reassessing its supply chains and has been exploring the relocation of iPhone manufacturing to India, a move in response to Trump's previous tariffs on imports from China.
This situation has placed the company alongside other major corporations, including Amazon and Walmart, as they navigate increasing pressures from the U.S. government in light of global inflationary trends and trade policies.
In his remarks, Trump reiterated his previous communications with Apple CEO Tim Cook, stating, "I let Tim Cook of Apple know long ago that I hoped his iPhones that are sold in the United States of America are made and built in the United States, not in India, or any other place.
If that is not the case, Apple should pay a tariff of at least 25% to the USA." This ongoing discourse has become a point of contention for Trump, who has voiced his concerns about Apple's manufacturing strategies during recent appearances, including a trip to the Middle East last week.
This statement was made via Trump's social media platform, where he emphasized his expectation that iPhones sold in the U.S. should be produced domestically rather than in countries such as India.
The proposed tariff could significantly increase the retail prices of iPhones, which may adversely affect sales and profit margins for the technology giant.
Apple is currently reassessing its supply chains and has been exploring the relocation of iPhone manufacturing to India, a move in response to Trump's previous tariffs on imports from China.
This situation has placed the company alongside other major corporations, including Amazon and Walmart, as they navigate increasing pressures from the U.S. government in light of global inflationary trends and trade policies.
In his remarks, Trump reiterated his previous communications with Apple CEO Tim Cook, stating, "I let Tim Cook of Apple know long ago that I hoped his iPhones that are sold in the United States of America are made and built in the United States, not in India, or any other place.
If that is not the case, Apple should pay a tariff of at least 25% to the USA." This ongoing discourse has become a point of contention for Trump, who has voiced his concerns about Apple's manufacturing strategies during recent appearances, including a trip to the Middle East last week.
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