Apple, iPhone and Trump
Digest more
Apple shares dropped on Friday after US President Donald Trump threatened a 25% tariff on the tech giant’s products unless it moves iPhone manufacturing from countries like India to the United States.
The remarks came soon after US President Trump renewed pressure on Apple with the threat of a 25 percent tariff if the iPhones are not made in the US
Apple supplier Foxconn will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.
6don MSN
But now, President Donald Trump, in his effort to return manufacturing to the U.S. by hiking tariffs, is trying to break up the happy couple. Annoyed by Apple shifting some of its production from China to India, rather than to the U.S., he said on Thursday that he had scolded Apple CEO Tim Cook about it.
Apple faces tariff threat from Trump over iPhone manufacturing, raising cost and supply chain concerns. What options does Apple have?
1hon MSN
In a post on the social media platform X, the former Union minister of state for electronics and IT said that forward-thinking policies like the PLI scheme and sustained efforts by the Indian government are making this possible.
Tras criticar los planes de Apple de fabricar la mayoría de sus iPhones estadounidenses en India, el presidente Donald Trump amenazó el
1d
Stocktwits on MSNApple Retail Traders Lose Faith As Market-Cap Trails Microsoft, Nvidia Amid 7-Day Losing StreakApple, Inc. (AAPL) stock has declined for seven straight sessions as tariff uncertainty remains an overhang. Even as CEO Tim Cook and his team focused on India as a production base as a workaround for the China tariffs,