Trump threatens Tim Cook with 25% tariffs ‘if iPhones sold in US are built in India’

US President Donald Trump reignited trade tensions on Friday by announcing a potential 25% tariff on iPhones sold in the United States if they are manufactured in India. This development comes as Apple has been expanding its production capabilities in India, aiming to diversify its supply chain amid ongoing US-China trade disputes. Trump's statement underscores the administration's focus on encouraging domestic manufacturing, which has been a recurring theme of his economic policy. Apple CEO Tim Cook has previously navigated complex geopolitical landscapes to maintain favorable conditions for the tech giant. The proposed tariffs could significantly impact Apple's pricing strategy and supply chain logistics, prompting the company to reassess its global manufacturing operations. While India offers cost advantages and market potential, the looming threat of tariffs adds a layer of uncertainty to Apple's strategic planning. This announcement places additional pressure on Apple as it balances international growth with domestic economic policies. Analysts suggest that the tariffs, if implemented, could lead to increased prices for American consumers or a shift in Apple's manufacturing locations. As the situation develops, stakeholders will be closely watching for any negotiations or policy changes that could alter the course of this potential trade conflict.

— Authored by Next24 Live