Trump Threatens Apple with Tariffs.


The US President Threatens a Rise in Tariffs on iPhones from Apple
Donald Trump has issued new threats to the tech giant Apple, announcing the possible imposition of a tariff of at least 25% on iPhones if the production of these devices is not returned to the United States. The president made this statement on his platform Truth Social.
I have long told Tim Cook of Apple that I expect their iPhones sold in the United States to be made and assembled in the United States, not in India or elsewhere. If this does not happen, Apple will have to pay a tariff of at least 25% to the US. Thank you for your attention to this matter!
Immediately after this statement, US stock futures fell to a minimum, and Apple's shares dropped by 4%. Apple is a target for Trump on the issue of relocating production to the US and creating new jobs.
The company produces most iPhones in China, although it has promised to increase the number of employees in the US and invest in the local market, but its supply chain still remains situated in China. Trump has also criticized Apple's plans to build factories in India.
The Trump administration acknowledged that tariffs lead to price increases for Americans, although previously the president claimed that only other countries would be affected, not the US.
Analysis
US President Donald Trump continues to actively interfere in the activities of corporations, forcing them to relocate production to the United States. This could lead to significant changes in global supply chains and impact the economy of both the US and other countries. It will be interesting to see how the events unfold and how Apple will react to this.
Read also
- Trade War: Trump Prepares Devastating Blow to Europe Due to Failed Negotiations
- Dollar and Euro Exchange Rate by the End of May: Analyst Warns of Alarming Signals for Ukraine
- Politico revealed how Kyiv is adapting its strategy to keep Trump in negotiations