President Donald Trump on Friday threatened a 25% import tax on iPhones made outside the U.S. and called for a 50% tariff on all EU imports starting in June, pressuring Apple and escalating his broader trade stanc
In a post on Truth Social, Trump said he had already told Apple CEO Tim Cook that iPhones sold in the U.S. must be built domestically.
“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump posted. “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”
Trump’s message could mean higher iPhone prices for consumers and more pressure on Apple’s profit margins. The company joins Amazon, Walmart, and other corporate giants that have come under fire from Trump as he pushes for U.S.-based manufacturing and blames foreign supply chains for inflation.
Apple had begun shifting iPhone production to India in response to earlier tariffs on Chinese imports — a move that has frustrated Trump, who raised the issue again during his recent Middle East trip.
In the same post, Trump also recommended a 50% tariff on all imports from the European Union starting in June, escalating his trade stance ahead of the summer and potentially setting up a major economic clash with key allies.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments....
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption contin...
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Record rainfall in Japan’s Chiba Prefecture has killed four people and left thousands stranded overnight at Tokyo’s Narita Airport, as torrential rain disrupted rail, bus and texi services across the prefracture and left more than 20,000 households without power.
The Democratic Republic of the Congo’s (DRC) Ebola outbreak has spread to a sixth province. A man died of the virus in Bas-Uélé in the north, the African Union’s health agency said.
At least 437 civilians were killed and 2,610 injured in Ukraine last month, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment