Trump Is Threatening to Impose Tariffs on Two American Companies
- President Donald Trump threatened to impose tariffs on key products from Apple and Mattel in 2025 over CEO comments and production shifts.
- These threats follow Apple CEO Tim Cook’s plan to move iPhone production from China to India, which angered Trump, and Mattel’s refusal to relocate toy manufacturing to the U.S.
- The U.S. Court of International Trade questioned Trump's authority to unilaterally impose company-specific tariffs, with a Court of Appeals temporarily blocking such actions.
- Trump announced a 25% tariff on all imported smartphones including Apple’s unless made in the U.S. And threatened a 100% tariff on Mattel toys, stating "We'll put a 100% tariff on his toys."
- Trade experts and attorney Lizbeth Levinson say the tariff threats aim to pressure these companies to commit to U.S. Production or investment rather than to actually impose tariffs.
11 Articles
11 Articles
If Trump fulfills his threat, the iPhone will be much more expensive for everyone, either for tariffs or by domestic manufacture. There is no doubt that the user will pay the bill.
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