Trump Threatens Apple With ‘At Least 25%’ Tariff if Company Does Not Make iPhone in the US

Trump Threatens Apple With ‘At Least 25%’ Tariff if Company Does Not Make iPhone in the US

President Donald Trump has threatened Apple with a tariff of “at least 25%” if iPhone models sold in the United States are not manufactured in the U.S. This very targeted escalation in trade policy rhetoric sent Apple’s stock down 3.7% as of writing. The company’s stock is down nearly 20% so far this year.

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