President Donald Trump has threatened “at least 25 percent” prices to Apple and other smartphone manufacturers for iPhones and similar hardware unless the production is transferred to the United States.
Trump wrote on the truth, “I have long informed Apple’s Tim Cook long ago that I expect his iPhone to be sold in the United States, it will be manufactured and built in the United States, not in India, or anywhere.” “If this is not the case, Apple must give at least 25 % tax thanks to the United States for paying attention to the issue!”
Later on Friday, speaking to reporters in the White House, Trump said the tariff would be applied to other companies, including Samsung, and would come out at the end of June. “This will be Samsung and anyone who makes this product, otherwise it will not be fair,” Trump said.
The danger came a week after Trump announced that he was “facing a slight problem with Tim Cook”, after reports that Apple intends to make India a source of all its US iPhone, which will need to promote Indian production. Only Thursday, Financial times It is reported that Apple’s central manufacturer, Foxkin, has developed a $ 1.5 billion plant in Chennai, southern India, to provide an iPhone exhibition. Apple has been diversifying its production for many years, which was intensified by both Coid and American hatred with China.
Talking to reporters, Trump said about Coke, “He said he was going to India for the construction of plants. I said, it is okay to go to India, but you will not sell here without taxes, and so is it.”
India is currently subject to “baseline” 10 % tariff, which applies worldwide, while China is at a rate of 30 %, while rates may reduce the 90 -day reduction in 90 days. Phones, and most of Apple’s other products, are exempt from the majority of these rates, but the ongoing uncertainty provides a good reason for Apple to continue to expand production outside China.
Update, May 23: Details were added from Trump’s White House comments.
