Reported about 18 hours ago
President Trump has renewed his threats against Apple, warning of 25% tariffs on iPhones made abroad, echoing similar warnings he has issued since 2016. Despite these threats, no iPhones are currently manufactured in the U.S., and Trump's history shows he often does not follow through on such proclamations. Market reactions to his comments were evident as Apple’s stock dropped over 2%. Trump's current focus on tariffs appears influenced by recent investments in Indian manufacturing by companies like Foxconn.
Source: YAHOO