Tech
Apple stock slightly down as Trump threatens 25% tariffs
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Apple shares are down at market open today after President Trump threatened new tariffs unless the company starts building iPhones in the United States.
Not India, or anyplace else
In a post on TruthSocial, Trump said he had “long ago informed” Tim Cook that iPhones sold in the U.S. should be made domestically, “not India, or anyplace else”. He added that, if that doesn’t happen, Apple will face a 25% tariff.
The company has recently shifted production to India,…
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