Trump, iPhones and European Union
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Just moving out of China won’t be enough for Apple to satisfy the president’s demands for U.S. production, Ben Rose writes in a guest commentary.
California AG Rob Bonta warns he may sue over Trump's 25% tariff threats on Made-in-India iPhones. Trump urged Apple to manufacture in the US, leading to tensions as Apple planned US sales of India-made phones.
It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.
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.
Trump's Ultimatum to Tim Cook: Only iPhones Built in the US Can Be Sold Here- Full Story in 5 Points
Trump claims he personally told Apple CEO Tim Cook that he does not want Apple to build iPhones in India and that India can take care of itself.
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.
9don MSN
President Trump says he told Apple CEO Tim Cook to scale back plans to produce iPhones in India and instead re-shore manufacturing back to the US — a demand that could complicate the company’s global supply chain strategy.
A judge blocked Trump from banning international enrollment at Harvard. Trump’s bill would nix billions for climate projects in GOP states. The bill also adds $150 billion for Trump’s immigration enforcement.