Former President Donald Trump has threatened to impose a 25% tariff on iPhones if Apple doesn't begin manufacturing a portion of its devices within the United States. The threat was made public, signaling a potential escalation in the ongoing debate about trade and domestic production.
Apple currently manufactures the majority of its iPhones in China. A shift to US-based manufacturing would likely increase production costs and could potentially lead to higher prices for consumers.
This isn't the first time Trump has pressured Apple on this issue. During his presidency, he repeatedly urged the company to bring manufacturing jobs back to the US. The proposed tariff is a continuation of that effort and highlights the political pressure surrounding global supply chains and domestic employment. The impact of such a tariff on Apple's sales and the wider economy remains to be seen.
Trump Threatens Apple with iPhone Tariff Over US Manufacturing
Former President Donald Trump has suggested imposing a 25% tariff on iPhones if Apple doesn't shift some of its manufacturing to the United States. This threat comes amid ongoing discussions about trade and domestic production. The potential tariff could significantly impact iPhone prices and Apple's profitability. The former president stated his intentions publicly, raising questions about the future of Apple's manufacturing strategy.
Source: Read the original article at CBS