Trump Demands US iPhone Production, Threatens 25% Tariff

3 weeks ago 15
President Donald Trump escalated his commercialized rhetoric Friday, targeting Apple with a imaginable 25% tariff unless the institution manufactures iPhones domestically alternatively than anyplace else.


The informing came via Truth Social aft CEO Tim Cook announced earlier this period that Indian facilities would grip the "majority" of US iPhone sales. Apple's pivot to India was wide seen arsenic a strategy to sidestep Chinese manufacturing amid ongoing commercialized tensions.

"I person agelong agone informed Tim Cook of Apple that I expect their iPhone's that volition beryllium sold successful the United States of America volition beryllium manufactured and built successful the United States, not India, oregon anyplace else," Trump wrote. "If that is not the case, a Tariff of astatine slightest 25% indispensable beryllium paid by Apple to the U.S. Thank your [sic] for your attraction to this matter!"

Apple had reportedly planned to root each 60+ cardinal yearly US iPhone income from India by precocious 2026. Meanwhile, cardinal supplier Foxconn is investing $1.5 billion to grow Indian production, including a show module installation adjacent Chennai.

The menace sent Apple shares tumbling 3% successful pre-market trading Friday.

Trump's request would unit a large displacement from Apple's existent manufacturing strategy, which relies heavy connected Asian suppliers for outgo ratio and established proviso chains. Moving iPhone accumulation to the US would apt necessitate monolithic infrastructure investments and could substantially summation instrumentality costs, but there's simply nary mode Apple could propulsion disconnected the modulation anytime soon.
This article, "Trump Demands US iPhone Production, Threatens 25% Tariff" archetypal appeared connected MacRumors.com

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