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    Trump Threatens Apple with 25% iPhone Tariff: A \$3,500 Price Tag?

    President Trump's latest salvo against Apple: a 25% tariff threat looms over iPhones. The ongoing trade war between the US and China has taken a new turn as President Trump threatens to impose a 25% tariff on iPhones imported into the United States unless Apple begins manufacturing its products domestically. This move could significantly impact the price of iPhones, with estimates suggesting a potential increase of up to \$3,500 per device. While Apple has previously benefited from tariff exemptions, this latest threat signals a potential end to that leniency. "Trump is threatening a 25% tariff that Apple would have to pay for its iPhones imported into the U.S." says Christine Romans, Senior Business Correspondent at NBC News. The potential cost increase underscores the complexities of manufacturing iPhones within the United States, given the global supply chain involved. The situation highlights the ongoing tension between the Trump administration and major US corporations, raising questions about the future of trade policy and its impact on consumers.

    2 months ago
    US
    United States
    news summary
    politics
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    Trump Renews Threat to Apple: 25% Tariff Looms Over iPhone Product…
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    Trump's Trade Threats: Apple and EU Face Steep Tariffs
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    sbtnews
    2mo ago
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