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    Trump Threatens 25% Tariff on iPhones Made Outside US

    President Trump's Tariff Threat: Apple and Samsung in the Crosshairs On May 23, 2025, President Donald Trump issued a warning to Apple and Samsung, threatening to impose a 25% tariff on their phones if they are not manufactured within the United States. This announcement sent shockwaves through the tech industry, prompting immediate speculation about the potential economic consequences. The President's statement was captured on video by CNBC, offering a direct look into his reasoning. "So anybody that makes that product, then that'll start on, I guess, the end of June, it'll come out," Trump stated in the video. This suggests a timeline for the implementation of the tariffs. He further emphasized the fairness of his actions, stating that it wouldn't be fair for companies to sell in America without building their products here. The threat of tariffs could significantly impact Apple and Samsung's production strategies and pricing, potentially leading to increased costs for American consumers. The long-term effects of this decision remain uncertain, but the immediate reaction from the market indicates a significant level of concern. This situation highlights the ongoing debate about manufacturing and trade policies, and the potential impact of governmental decisions on global corporations.

    2 months ago
    US
    United States
    news summary
    tariffs
    Trump Threatens 25% Tariff on Apple and Samsung
    Trump Threatens 25% Tariff on Apple and Samsung
    nbcnews
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    Trump's Tariff Threat: Will Smartphone Prices Soar?
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