President Trump has announced that he expects Apple to manufacture iPhones sold in the United States domestically, warning CEO Tim Cook that failure to comply could result in a tariff of at least 25% on Apple products. President Donald Trump via Truth Social:
Additionally, President Trump recommended 50% tariffs on European Union imports from June 1st. Both tariff announcements are likely stated today so that the markets can have the three-day U.S. trading break to digest. Expect turbulence in the markets until deals are reached and uncertainty is lessened. As for AAPL near term, there’s another round of nice deep discount deals to be had! Be fearful when others are greedy and greedy when others are fearful. – Warren Buffett Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post President Trump: iPhone sold in America will be made in America or Apple will pay a 25% tariff appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Friday, May 23, 2025
President Trump: iPhone sold in America will be made in America or Apple will pay a 25% tariff
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