See every side of every news story
Published loading...Updated

Trump Threatens 25% Tariff on Foreign-Made Smartphones, Targeting Apple and Samsung

  • President Donald Trump threatened on May 23, 2025, to impose a 25% tariff on all foreign-made smartphones, targeting Apple and Samsung in the United States.
  • Trump aimed to pressure Apple CEO Tim Cook to move iPhone manufacturing from China and India back to the U.S. To support domestic production and fairness.
  • China remains Apple's main production hub and second-largest market, but Apple is increasing production in India to mitigate tariff impacts and diversify supply chains.
  • Apple shares dropped nearly 3% following the announcement, while analysts warned that relocation is not feasible short-term and tariffs may force iPhone price hikes of $100 to $350.
  • The tariff threat escalates trade tensions and could disrupt Apple’s business, potentially benefiting competitors like Samsung and indicating increased risks for investors.
Insights by Ground AI
Does this summary seem wrong?

126 Articles

All
Left
19
Center
19
Right
17
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 35% of the sources lean Left, 35% of the sources are Center
35% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Portfolio.hu broke the news in on Friday, May 23, 2025.
Sources are mostly out of (0)