Trump Threatens His ‘Friend’ Tim Cook With 25% iPhone Tariff If Apple Doesn’t Move Production to U.S.

President Donald Trump’s desire to create the golden age of the American production is in the center of the Trade War – the war or friends may not be around him. Friday, Trump threatened with 25% tariffs on any iPhone not developed in the US

“I have long been written in the United States, not another place or elsewhere, not in India or elsewhere, but if it is not, at least 25% must be carried out by Apple”

In addition, Trump whipped The European Union was formed for the purpose of the main purpose of ” [U.S.] Trade “and threatened by 50% tariffs starting from June 1, because they probably” very difficult to deal with “. After Trump’s posts, Apple shares decreased by 4%.

Since the Office, Trump’s admiration Protectionism and gilded age tariffs affected her development and often conflicted Tariff policies. Throughout, the apple, the purchase of all iPhons produced by about 90% of all iphons, numbered 1, Apple’s shares lost more than $ 300 billion a day Tariffs of several countries, including Trump, China, Taiwan, India and Vietnam, are farmer, some highway manufacturers.

Analysts in the investment bank UBS notier The reciprocal tariffs of the goods imported can make the iPhone prices sharply jack. Although the management is applied Freedoms for electronics like phones and on computers, cooking, on the call of quarterly earnings, he said that there may be existing tariffs The apple is $ 900 million This quarter.

To reduce the effect, Apple plans to spend the production iPhone’s coverage to India by the end of next year. It didn’t sit well with Trump. In Qatar last week, he said, “I had a little problem at Tim Cook. He said,” Tim, you are my friend. I treated you very well … but now I hear you set up in India. “”

Indeed, Cook the years of violating up to TrumpIndeed, who forces the German production in the United States in 2016 First presidency campaign. Cook in January Donated $ 1 million Trump’s money from the inner stock. Their relations have won some blessings of apples. Washington post, the first Trump management was considered a policy that will apply 10% tariffs from China to all imports. After the scrambled, a gross and short time, he retreated his management plan, and exceptions were given to some electronic electronics, including the operation of the imones.

However, he will be burned by fire.

Trump’s requirements in Apple representing an important obstacle to the company. Guardian, Dan ive, an analyst in the securities of financial firm striking, write In a note of investors, “the reality is that this would be three years and 30 billion dollars in our movement to 10%, even 10% [Apple’s] The chain of supply with great violations in this process from Asia to the United States. “

Last month, the former US Secretary of the US Janet Yellen named Trump’s Trade War “worst self-hitting wound” by any management. But along the last Fox news, the current Treasury Secretary Scott Bessent said, “The president is trying to refund the United States that one of our greatest weaknesses is produced, especially in semiconductors and Apple components are semiconductors.”

However, given the realist for Apple to actually require time that the moving production takes time, Bessent replied: “I do not know the company, so we must see.”