Trump warns Apple of 25 per cent tariff on iPhones not made in the US, sparking fears of higher prices
US President Donald Trump is threatening to put a 25 per cent tariff on Apple products unless iPhones are manufactured in the United States.
The threat delivered over social media could dramatically increase the price of iPhones, potentially hurting sales and the profits of one of America’s leading technology companies.
The company now joins Amazon, Walmart and other major companies as being in the White House’s crosshairs as they try to respond to the uncertainty and inflationary pressures unleashed by the import taxes being imposed by Trump.
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By continuing you agree to our Terms and Privacy Policy.“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Mr Trump posted on Truth Social on Friday.
“If that is not the case, a Tariff of at least 25 per cent must be paid by Apple to the US.”
Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China was looking to shift iPhone manufacturing to India as it adjusts supply chains.
That plan has become a festering source of frustration for the US president, who also brought it up last week during his Middle East trip.
