Trump threatens Apple with 25% tariff if iPhones aren't made in the U.S.

From Nasdaq: 2025-05-23 16:03:00

President Trump demands Apple shift iPhone production to the U.S. or face 25% tariffs, causing Apple shares to drop 4%. The move highlights tension between political demands and global supply chains. U.S. lacks infrastructure for iPhone production, and tariffs could cost Apple $900 million this quarter. Apple likely to absorb tariffs rather than relocate manufacturing operations fully to the U.S. Analysts suggest Apple’s historical track record of managing tariffs and significant U.S. investments could help navigate the situation. Investors cautious amid ongoing political uncertainty and trade policy risks.



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