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

  • President Donald Trump announced a 25% tariff on all foreign-made smartphones, including Apple and Samsung, effective June 2025 in the United States.
  • The tariff follows Trump's longstanding demand for Apple to shift iPhone production from China and India to U.S. Factories to support domestic manufacturing.
  • Apple has increased iPhone production in India to mitigate tariff impacts, but relocating large-scale manufacturing to the U.S. Faces significant logistical challenges.
  • Analysts warn that tariffs would likely force Apple to raise iPhone prices by $100 to $350, benefiting rivals like Samsung, whom Jim Cramer called the 'winner here.'
  • This tariff escalation pressures Apple’s supply chain strategy and investor confidence, while signaling continued U.S. Efforts to revive domestic manufacturing amid complex global trade tensions.
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Portfolio.hu broke the news in on Friday, May 23, 2025.
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