President Donald Trump has threatened Apple with a tariff of “not less than 25 p.c” only for its iPhones except it strikes manufacturing to the US.
“I’ve way back knowledgeable Tim Cook dinner of Apple that I count on their iPhone’s that can be bought in the US of America can be manufactured and in-built the US, not India, or anyplace else,” Trump wrote on Truth Social. “If that’s not the case, a Tariff of not less than 25% should be paid by Apple to the U.S. Thank your on your consideration to this matter!”
The risk comes every week after Trump declared that he’d “had slightly drawback with Tim Cook dinner,” following reports that Apple intends to ramp up its iPhone manufacturing in India as a way to circumvent larger tariffs on merchandise shipped to the US from China.