Reported 3 days ago
President Trump has issued a warning to Apple Inc. regarding a 25% tariff on iPhones produced outside the U.S., specifically criticizing the company's decision to manufacture iPhones for the U.S. market in India. Despite Apple's efforts to diversify its supply chain, with a significant portion of its iPhones currently made in China, Trump insists that iPhones sold in America should be produced domestically. The ultimatum follows a recent meeting between Trump and Apple CEO Tim Cook, where Trump expressed disappointment over Apple's production plans.
Source: YAHOO