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Trump demands U.S.-based iPhone manufacturing, threatening a 25% tariff. Apple shares fall nearly 4% amid production relocation fears. Broader market sentiment weighed down by Trump's tariff threats.
A day after warning Apple that iPhones if manufactured elsewhere and imported to the United States will be taxed, Donald Trump said the condition applies to all phone manufacturers be it Samsung or ...
Trump slammed Apple CEO Tim Cook for manufacturing and assembling iPhones in India, asserting that he will impose 25 per cent tariffs on the company if the phones sold in the US are not produced local ...
Apple’s decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in the ...
Despite potential tariffs, Apple is increasing its iPhone production in India due to significantly lower labor costs compared ...