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Apple shares are down at market open today after President Trump threatened new tariffs unless the company starts building iPhones in the United States.
In a post on TruthSocial, Trump said he had “long ago informed” Tim Cook that iPhones sold in the U.S. should be made domestically, “not India, or anyplace else”. He added that, if that doesn’t happen, Apple will face a 25% tariff.
The company has recently shifted production to India,…
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Apple shares are down at market open today after President Trump threatened new tariffs unless the company starts building iPhones in the United States.
In a post on TruthSocial, Trump said he had “long ago informed” Tim Cook that iPhones sold in the U.S. should be made domestically, “not India, or anyplace else”. He added that, if that doesn’t happen, Apple will face a 25% tariff.
The company has recently shifted production to India,…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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