Trump demands Apple make iPhones in the United States, threatens new 25% tariff if they don’t

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President Trump has just blasted Apple in a post on his account on TruthSocial. The president said that he has “long ago informed” Apple CEO Tim Cook that iPhones sold in the United States should be manufactured and built in the United States, “not India, or anyplace else”.

He continues by threatening that if this does not happen, “a tariff of least 25% must be paid by Apple”. The details of the ‘tariff’ are unclear, but the outburst has nonetheless shook investors and…



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Trump demands Apple make iPhones in the United States, threatens new 25% tariff if they don’t


President Trump has just blasted Apple in a post on his account on TruthSocial. The president said that he has “long ago informed” Apple CEO Tim Cook that iPhones sold in the United States should be manufactured and built in the United States, “not India, or anyplace else”.

He continues by threatening that if this does not happen, “a tariff of least 25% must be paid by Apple”. The details of the ‘tariff’ are unclear, but the outburst has nonetheless shook investors and…



Source link

Disclaimer

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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