US President Donald Trump's 25% tariff threat on iPhones sold in the US but made elsewhere is not limited to Apple. It is for all smartphone companies that sell their devices in the US. Speaking from the Oval Office, Trump emphasized that the tariffs would target all smartphones not manufactured in the United States. Talking to reporters, Trump clarified that his stand on smartphone manufacturing is the same for all companies selling in the US as it is for Apple. He said that the 25% tariff would also apply to Samsung and other smartphone makers.
What is the 25% tariff threat
Earlier on Friday (May 23), Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not made, in the United States. The president targeted Tim Cook, the CEO of Apple, who visited Trump at the White House last week. In a post on Truth Social, the President wrote that iPhones sold in the United States should be "manufactured and built in the United States, not India, or anyplace else." If they are not, Trump said the smartphones would face a 25% tariff. Trump's push on US manufacturing is part of his administration's goal of re-shoring jobs.
Donald Trump: Will be unfair to Apple, if tariff policy not for all
"Otherwise it wouldn't be fair" if it did not apply to all imported smartphones, Trump said. "I had an understanding with (Apple CEO) Tim (Cook) that he wouldn't be doing this. He said he's going to India to build plants. I said that's OK to go to India but you're not going to sell into here without tariffs."
How and why the tariff policy may hurt Samsung in the US
Trump's 25% tariff threat may hurt Samsung. The South Korean smartphone company is the second biggest smartphone brand by sales in the US, according to research firm Counterpoint. About 60% of the 220 million phones Samsung sells each year globally are made in Vietnam, and many are destined for the US.
What is the 25% tariff deadline
Trump said that the 25% tariff will come into effect sometime in June end.
When Trump told Tim Cook: Don't make in India
During a recent visit to the Middle East, Trump expressed frustration with Apple CEO Tim Cook. “You're my friend… but now I hear you're building all over India. I don't want you building in India,” he reportedly told the Apple CEO.
Experts call idea of making iPhones in the US "a fairy tale"
Dan Ives, an analyst at Wedbush, in a research note wrote that moving iPhone production to the United States could take up to a decade and may result in iPhones costing $3,500 each. Apple's top-of-the-line iPhone currently retails at around $1,200. "We believe the concept of Apple producing iPhones in the US is a fairy tale that is not feasible," Ives said.
Apple has already committed to producing some AI servers in Houston and purchasing $19 billion worth of U.S.-made chips, but Trump remains dissatisfied that iPhones, iPads, and Macs are still assembled abroad.
What is the 25% tariff threat
Earlier on Friday (May 23), Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not made, in the United States. The president targeted Tim Cook, the CEO of Apple, who visited Trump at the White House last week. In a post on Truth Social, the President wrote that iPhones sold in the United States should be "manufactured and built in the United States, not India, or anyplace else." If they are not, Trump said the smartphones would face a 25% tariff. Trump's push on US manufacturing is part of his administration's goal of re-shoring jobs.
Donald Trump: Will be unfair to Apple, if tariff policy not for all
"Otherwise it wouldn't be fair" if it did not apply to all imported smartphones, Trump said. "I had an understanding with (Apple CEO) Tim (Cook) that he wouldn't be doing this. He said he's going to India to build plants. I said that's OK to go to India but you're not going to sell into here without tariffs."
How and why the tariff policy may hurt Samsung in the US
Trump's 25% tariff threat may hurt Samsung. The South Korean smartphone company is the second biggest smartphone brand by sales in the US, according to research firm Counterpoint. About 60% of the 220 million phones Samsung sells each year globally are made in Vietnam, and many are destined for the US.
What is the 25% tariff deadline
Trump said that the 25% tariff will come into effect sometime in June end.
When Trump told Tim Cook: Don't make in India
During a recent visit to the Middle East, Trump expressed frustration with Apple CEO Tim Cook. “You're my friend… but now I hear you're building all over India. I don't want you building in India,” he reportedly told the Apple CEO.
Experts call idea of making iPhones in the US "a fairy tale"
Dan Ives, an analyst at Wedbush, in a research note wrote that moving iPhone production to the United States could take up to a decade and may result in iPhones costing $3,500 each. Apple's top-of-the-line iPhone currently retails at around $1,200. "We believe the concept of Apple producing iPhones in the US is a fairy tale that is not feasible," Ives said.
Apple has already committed to producing some AI servers in Houston and purchasing $19 billion worth of U.S.-made chips, but Trump remains dissatisfied that iPhones, iPads, and Macs are still assembled abroad.
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