President Donald Trump is threatening Apple with a 25% tariff on iPhones sold in America but manufactured abroad, as well as a 50% blanket tariff on the European Union. The move comes just days after Trump said he had a "problem" with Tim Cook and told him to stop building in India.
Trump made the remarks via his Truth Social Account on Friday, first taking aim at Cupertino. "I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else," he posted. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S."
