President Donald Trump cautions Apple, Samsung, and other smartphone makers against producing devices outside the US. It is threatening to impose tariffs of up to 25% as part of his efforts to encourage domestic manufacturing. Trump recently expressed his desire for Tim Cook to manufacture iPhones in the US rather than India, where most production has been shifting, amid ongoing tariff uncertainties with China. So, let’s read ahead of the taxes being imposed on Apple and Samsung.
Tariffs On Apple And Samsung: What To Expect?
President Donald Trump has strongly warned Apple, Samsung and other smartphone manufacturers, threatening to enforce a tariff of “at least 25 percent” on iPhones and similar products unless their production is moved back to the United States.
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The President restated his persistent demand for Apple to manufacture its flagship products within the US, cautioning that punitive trade actions would follow if the company persists with overseas production.
More Information On This Latest Development
Trump broadened his tariff crackdown, emphasizing that Apple wouldn’t be the sole target. He disclosed that competitors like Samsung along with Apple would also face the proposed tariffs, potentially starting by the end of June.
“It would also apply to Samsung and anyone making that product — otherwise it wouldn’t be fair,” Trump stated, signaling his intent to enforce tariffs across the board for fairness. Clearly, Apple isn’t the only company under pressure.
“When they set up their factories here, there won’t be any tariffs. So they’re going to start building plants here,” Trump added.
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