From Yahoo Finance: 2025-05-24 10:34:00

President Donald Trump announced a special tariff on Apple Inc. iPhones, demanding they be manufactured in the U.S. or face a 25% tariff. Wedbush analyst Dan Ives criticized the plan, calling it unrealistic given the logistical challenges. Apple shares fell 3% in response to the news. Ives maintained an “Outperform” rating on Apple, citing CEO Tim Cook’s experience and negotiation skills. He believes an American-made iPhone could cost around $3,500. Despite the potential as an investment, some AI stocks may offer greater promise for returns with limited downside risk.



Read more at Yahoo Finance: Trump’s Apple Plan Needs ‘Herculean Logistics’