US President data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/donald-trump/profileshow/79057526.cms”>Donald Trump on Friday threatened to data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/donald-trump-threatens-25-tariff-on-apple-if-iphones-are-built-in-india-not-us/articleshow/121363193.cms” data-type=”tilCustomLink” target=”_blank”>impose “at least” 25% tariff on iPhones sold in the country unless they are made in America, and “not in India, or anyplace else”. The development, which came a week after he said he had told ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apple” target=”_blank”>Apple CEO data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/tim-cook/profileshow/80563356.cms”>Tim Cook not to build in India, could dampen the fast-paced growth of India’s electronics manufacturing services, said experts.
ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apple-shares” target=”_blank”>Apple shares plunged more than 4% to a low of $193.46 on the Nasdaq after Trump’s statement.
“I have long ago informed Tim Cook of Apple that I expect their iPhones…
