US EditionTrump Threatens 25% Tariff on Foreign-Made Smartphones, Targeting Apple and Samsung
- President Donald Trump announced plans to implement a 25% tariff on all smartphones manufactured outside the U.S., including those from Apple and Samsung, starting by June 2025.
- The tariff threat follows Trump's demand that Apple manufacture iPhones sold in the U.S. Domestically, as part of his broader push to revive American manufacturing and reduce reliance on China.
- Apple has accelerated plans to move iPhone production to India and diversify its supply chain amid trade tensions and high tariffs on Chinese imports to avoid price hikes.
- Apple shares fell nearly 3% on Friday, extending a year-to-date decline of over 21%, as analysts warned that forced onshore production is unlikely in the near term and could raise iPhone prices by $100 to $350.
- The tariff escalation has introduced new risks for Apple investors, risks that may benefit competitors like Samsung, while broader market volatility has increased amid uncertainty over the impact of these trade policies.
153 Articles
153 Articles
iPhone 17 and Galaxy S26 price hikes seem inevitable, and it's all about the tariffs
Unhappy with Apple moving iPhone production to India to skirt tariffs imposed on China, President Trump threatened Apple twice that the iPhone could be subject to tariffs, with the latest warning dropping a few days ago. Trump said that iPhones sold in the US that are not made in the US will see a 25% tariff. Trump said that if iPhones aren't made in the US, "a tariff of at least 25% must be paid by Apple to the US." Making an affordable iPhone …
Trade War Fears Tank Apple Supplier Stocks - Real News Now
On Monday, the stock prices of several China-listed Apple suppliers experienced a dip. This was largely seen as a response to US President Donald Trump’s threat of possible tariffs on imported iPhones. Luxshare, a company that handles iPhone assembly and AirPod manufacturing, saw its shares drop 2.2%. Lens Tech, a Chinese mobile screen maker, also experienced a 1.8% decline in share value. This fall in stock prices was not limited to these two c…
Trump Tariffs on Semiconductors: Intel, Qualcomm, Micron and Texas Instruments Seek Exemption From Tariffs on Chips From Trump Administration, Says Report | 📲 LatestLY
Intel, Qualcomm, Micron, and Texas Instruments have reportedly asked US to exempt semiconductors from the tariffs amid ongoing trade wars. These chip giants have warned that the Trump tariffs on chips would significantly impact the United States' strength. 📲 Trump Tariffs on Semiconductors: Intel, Qualcomm, Micron and Texas Instruments Seek Exemption From Tariffs on Chips From Trump Administration, Says Report.
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