
Apple to pay 25% tariff if iPhones are not made in US: Donald Trump
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US President Donald Trump said on Friday that Apple would have to pay a 25% tariff if phones sold in the country were not made within its borders.
Shares of Apple dropped 2.5% in premarket trading on Trump's warning, dragging down US stock index futures lower.
"I have long ago informed Tim Cook of Apple that I expect their iPhones 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 said in a post on Truth Social.
“ 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…
Donald Trump,
Trump Threatens 25 Percent Tariffs on Apple If iPhones Not Made in US
“ I had a little problem with Tim Cook yesterday,
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“ India is one of the highest tariff nations in the world,
Donald Trump,
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“ We’re not interested in you building in India,
Donald Trump,
Trump threatens Apple with 25% tariffs if iPhone assembly doesn’t move…
“ I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace…
Donald Trump,
Apple to pay 25% tariff if iPhones are not made in US: Donald Trump