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Trump threatens Apple with 25% tariff to force iPhone manufacturing into US

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GettyImages 1098060106

Donald Trump woke up on Friday morning and threatened a 25 % tariff on any iPhone sold in the United States that is not manufactured in the United States.

In a truthful social post, Trump claimed that he had told “long ago” Apple’s CEO Tim Cook that Apple’s plan to build an iPhone for the US market in India was unacceptable. He said that only US -made iPhones should be sold here.

“If it is not so, Apple has to pay at least 25 percent of the taxes to the United States,” Trump said.

It seems that this is the first time that Trump has threatened an American company directly at prices, and Reuters noted that “it is not clear whether Trump can impose a person’s company.” (In general, prices are imposed on the category of countries or goods.)

Apple has not yet commented on the threat after being silent when Trump started It has been promised that the US -made iPhone is coming Last month, Apple instead transferred the US magnetic work from China to India, where revenues were quite low and expect it to remain.

In his social media post, Trump made it clear that he did not approve the production axis for the United States except Apple’s India or “anywhere”.

For Apple, making an iPhone in the United States poses a risk of rising prices that they are at risk of pricing consumers. In April, CNBC Referred to Wall Street analysts estimates that the cost of the US-made iPhone can be more than 25 %-which increases to a maximum of $ 3,500 to a minimum of $ 1,500. Today, the New York Times Referred to Analysts predicted that the expensive change could “double the price of iPhone users.”

It is unclear whether Trump may really be pursuing this latest tariff threat, but another possible bad news was brought to Apple’s long -term prediction in the morning, which eliminated another truthful social post shortly after apple threat.

In this post, Trump confirmed that the European Union had been very difficult to deal with in “trade talks”, which he said was “going anywhere!” Since the talks have apparently failed, Trump ordered a “direct 50 percent tariff” on EU imports, which began on June 1.

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