Shafaq News/ OnFriday, US President Donald Trump warned Apple that iPhones sold in the UnitedStates must be produced domestically or face a 25% tariff.
“I have long agoinformed Tim Cook of Apple that I expect their iPhones sold in the UnitedStates to be manufactured and built in the United States — not India oranyplace else,” Trump posted on Truth Social. “If that is not the case, atariff of at least 25% must be paid.”
Apple shares fell2.5% in pre-market trading following the announcement, dragging tech indiceslower.
The company recentlyexpanded production in India to reduce reliance on China, stating that mostiPhones sold in the US this quarter will be assembled there.
While fully assembledsmartphones are temporarily exempt from US tariffs on Chinese goods, manyiPhone components remain subject to import duties, which Apple estimates tocost the company around $900 million this quarter.
Apple has notresponded to Trump’s latest remarks, but experts say a sustained tariff threatcould reshape global electronics supply chains and renew tensions over USindustrial policy.
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