President Trump issued a warning today, threatening a 25% tariff on iPhones that are not manufactured in the United States. This move comes as part of Trump's ongoing efforts to boost American manufacturing and reduce dependency on foreign-made products.
Trump's threat has raised concerns within the tech industry, particularly for companies like Apple, whose products are primarily manufactured overseas. The potential tariff would significantly impact Apple's production costs and could result in higher prices for consumers.
This announcement also comes amidst escalating trade tensions between the US and the European Union. Trump has been vocal about his dissatisfaction with what he perceives as unfair trade practices by the EU, and has already imposed tariffs on a range of European goods.
The tech industry and consumers alike are anxiously awaiting further developments on this issue, as the potential tariff on iPhones could have far-reaching implications for both the industry and the economy. Stay tuned for updates as this story continues to unfold.
Category: Politics
Published on: 2025-05-29 02:53:01
Related articles:
Trump Threatens 50% Tariff on E.U. and 25% Tariff on Apple, New York Times
Trump threatens 25% tariff on Apple and Samsung phones not made in US, The Guardian
Trump threatens to hit Apple with 25% tariff on iPhone sales, CBS News