Trump Threatens 25% Tariff on iPhones Unless Apple Shifts Production to US

Former President Trump doubles down on trade war tactics—Apple now in the crosshairs with a proposed 25% tariff on iPhones not made in America. Will Tim Cook bend or pass the cost to consumers? Either way, Wall Street will spin it as a ’strategic realignment.’

Apple Shares Slide Amid Tariff Warnings

Apple (AAPL) shares fell 3.26% in the pre-market after Trump’s latest tariff warning. President Trump went on a tariff spree soon after assuming office. Most nations have come to terms with his policies. Many have brokered new trade deals to better suit the new administration’s vision.

The company set its sights on India for its iPhone manufacturing unit. The MOVE came after President Trump imposed high tariffs on Chinese-made goods. The world’s second-largest tech company is yet to comment on the latest tariff threat.

Many worry that prices may shoot up if iPhone production moves to India. It is possible that Apple will move a part of its production to America. These phones may be strictly for American consumers within the US. The company may choose to manufacture the iPhone for the global market elsewhere.

Today’s statement is not the first time President Trump has spoken about Apple’s iPhone manufacturing. In a recent trip to Qatar, President Trump highlighted that he does not want Tim Cook to move iPhone production to India.

Apple is yet to comment on the matter. It remains unclear how the tech giant will deal with the tariff threat while meeting global iPhone demands.