Donald Trump, iPhone and European Union
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Ben Rose is president of Battle Road Research, an independent equity-research firm.Apple CEO Tim Cook’s response to President Donald Trump’s made-in-America push calls to mind a scene in the movie My Cousin Vinny.
Wedbush analyst Dan Ives rebuked President Donald Trump’s announcement of a special tariff on Apple Inc. (NASDAQ:AAPL) iPhones. In a bold move that could escalate tariff tensions, President Donald Trump demanded that Apple and other smartphone makers manufacture their phones in the United States- or face a 25% tariff instead.
It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.
In a note to clients on Friday, Mizuho TMT specialist Jordan Klein warned that escalating rhetoric from President Donald Trump targeting Apple (NASDAQ:AAPL) could spell trouble for the tech giant as it navigates global production shifts.
President Trump took a swing Thursday at Apple CEO Tim Cook over his company’s manufacturing in India, emphasizing that he wants the iPhone maker to expand production in the United States.