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Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.

  • President Donald Trump warned that Apple would face a 25% tariff if it continues to manufacture iPhones outside the United States while selling them domestically.
  • Trump made this demand after learning Apple planned to shift some iPhone production to India, which he raised during a recent Middle East trip and a White House meeting with CEO Tim Cook.
  • The president announced on Truth Social that unless iPhones sold in the U.S. Are produced domestically, Apple will face a tariff of 25% or more, demonstrating a strong commitment to enforcing this measure.
  • Apple's stock dropped more than 2% in pre-market trading following the tariff threat, with analysts warning higher iPhone prices could hurt sales and profits of the leading technology company.
  • This ultimatum could force Apple to reconsider its supply chain shifts, potentially impacting trade relations and pricing amid ongoing tariff pressures from the Trump administration.
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Stock markets fall as Trump threatens tariffs on EU, Apple

Stock markets fell back Friday after US President Donald Trump ended a lull in his trade war with threats of massive tariffs on Apple products and imports from the European Union.

·Calhoun, United States
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Forbes broke the news in United States on Friday, May 23, 2025.
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