US EditionTrump says Samsung, other phone-makers could be hit with tariffs
- On May 23, 2025, President Trump announced a 25% tariff on all smartphones imported into the U.S. If not manufactured domestically, including Apple and Samsung products.
- This announcement followed Trump's ongoing trade tensions and demands that Apple relocate iPhone production to the U.S. Despite Apple's efforts to expand manufacturing in India.
- Apple CEO Tim Cook met Trump earlier that week, revealing plans to invest $500 billion in U.S. Development and that nearly half of U.S. IPhones in Q2 2025 were made in India.
- Analysts warned that the tariffs might force Apple to raise iPhone prices by $100 to $350 to preserve margins, which Jim Cramer said would make Samsung the 'winner' of this trade conflict.
- These tariffs have contributed to a 21% year-to-date drop in Apple's shares and have increased uncertainty around the feasibility and timing of U.S.-based iPhone manufacturing.
92 Articles
92 Articles
Trump warns Apple and Samsung that 25% smartphone tariffs could land in June
In a Friday morning Truth social post, President Donald Trump threatened to levy a 25 percent tariff on iPhones if Tim Cook didn't move manufacturing to the United States. It turns out the situation is a little more complicated than that.While speaking to the media later that day, Trump clarified that the tariff would apply to any company selling foreign-made phones in the U.S., not just Apple. The president said the new 25% smartphone tariff co…
'This is to Make America Great Again?': Man exposes the backwards math of MAGA tariffs where U.S. companies pay 15% more than foreign rivals
President Trump has doubled down on using tariffs to stop American companies from foreign production. And it seems like it’s getting so severe that it’s foreign companies that are getting the advantage. When Trump was getting inaugurated for his second term, there was a noticeable shift in business people’s reactions. Whereas in the first term they were openly critical of him for using his platform to champion things like an insurrection, the bu…
Trump Says You Can Import 25% Tariffs to Samsung and Other Mobile Manufacturers
"If you're going to sell in the United States, I want you to make it here," Trump insisted, which confirmed that there will be no tariffs for companies to transfer their factories to the country.
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