Trump threatens 25% tariff on iPhones
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1don MSN
President Donald Trump on Friday threatened 25% tariffs on Apple unless the company shifts iPhone manufacturing to the United States, saying he disapproves of the company's decision to move part of its supply chain to India.
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.
Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since 2011 in April. The sharp drop highlights how US tariff