Trump threatens new tariffs on EU, Apple
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It would take several years and cost billions of dollars to build new plants in the United States to manufacture iPhones in the United States. If that happens, prices could skyrocket.
President Donald Trump's bid to bring manufacturing of Apple's iPhone to the United States faces many legal and economic challenges, experts said on Friday, the least of which are the insertion of "little screws" that would need to be automated.
President Donald Trump threatened on Friday morning to raise prices on iPhones sold in the United States, as he threatened to slap a 25 percent tariff on Apple smartphones that aren't built in the United States.