Trump, Apple and iPhone
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For Tim Cook, the hits keep coming. On Friday, President Trump targeted Apple with new demands that the company make iPhones in the U.S., threatening 25% tariffs if the company doesn’t comply. “Rise and shine Tim Cook,
6hon MSN
President Trump's proposed 25% import tariff on iPhones made in India is unlikely to sway Apple's manufacturing decisions. The cost of producing iPhones in India remains significantly lower than in the US,
Even with a 25% tariff, the numbers still favor India. A $1,000 iPhone made in India would incur a $250 tariff. Add that to the $30 assembly cost, and the total is $280—still far cheaper than U.S. assembly alone.
Slingshot News on MSN18h
‘I Had An Understanding With Him’: Donald Trump Freaks Out, Makes Demands To Apple CEO Tim Cook In Rampage Over iPhone ManufacturingPresident Donald Trump freaked out, slamming Apple CEO Tim Cook during a tirade from the Oval Office this afternoon. Trump also insulted Cook during a business meeting in Saudi Arabia. Trump urged the Apple CEO to move iPhone manufacturing to the United States.
Apple’s CEO called Texas Gov. Greg Abbott after law passed requiring app stores to verify user ages.
US President Donald Trump boasted “jobs and factories will come roaring back” when he unleashed unprecedented tariffs around the world during his “Liberation Day” address last month.
President Donald Trump brought back up the idea of American-made iPhones on Friday when he threatened a 25% tariff on Apple.