Donald Trump threatens 25% tarrifs on iPhones made in India
https://timesofindia.indiatimes.com/technology/tech-news/donald-trump-to-apple-thats-okay-you-go-to-india-but-youre-not-going-to-sell-in-america-without-/articleshow/121404080.cms
Posted by Then_Reception38
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SS: President Donald Trump seems quite not-so-happy with Apple’s decision to make in India. The US President Donald Trump announced that Apple can build factories in India but will face a 25% tariff on products sold in the US if manufactured overseas.
Speaking in the White House Oval Office during the signing of executive orders on nuclear energy, Trump referenced a discussion with Apple CEO Tim Cook, stating, “I had an understanding with Tim that he wouldn’t be doing this. He said he’s going to India to build plants. I said, ‘That’s okay, but you’re not going to sell into here without tariffs.’”
Earlier in a social media post on the same day, Donald Trump doubled down, writing, “I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25 per cent must be paid by Apple to the US. American jobs come first!”
During a recent trip to Doha, Trump had pressed Cook to focus on US manufacturing, noting India’s high tariffs make it a difficult market for US companies. He added, “They’ve offered us a deal where they’re willing to charge us no tariff, but I told Tim, ‘I don’t want you building in India. Build here.’” The US President highlighted that India’s tariff policies, among the highest globally, complicate market access, but he insisted on prioritizing domestic production.
It’s likely part of his broader push to bring manufacturing back to the US, targeting not just Apple but also other smartphone makers like Samsung.
How many property deals are his family signing up to make over seas?
I, an Indian, used to think that no other country could match the level of corruption our politics have. But now I bow my head before the Americans, you guys have bettered us in yet another field
It would surely be cheaper for American consumers to buy iPhones at a marked-up 25% price, rather than whatever the price iPhones would skyrocket-to even if Apple could feasibly move manufacturing State-side.
The Sanghis used to love Trump lmao. They even made a temple of him.
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