Trump Warns Apple of 25% Tariffs If iPhones Not Made in US
Trump Says 25% Tariff Must Be Paid by Apple to U.S. if Phones Sold in U.S. Are Not Made in the Country -Truth SocialApple shares sank nearly 4% in premarket trading.
Apple's stock price fell after Trump said it would impose a 25% tariff on non-American-made iPhones. Trump demanded that iPhones sold by Apple in the United States must be made in the United States, not in India or elsewhere.
