From Yahoo Finance: 2025-05-24 10:18:00

President Trump threatens Apple Inc. (AAPL) with a 25% tariff if iPhones are not made in the U.S. Trump expressed disapproval of plans to manufacture iPhones in India. Despite 90% of iPhones being made in China, Cook expects a majority sold in the U.S. this quarter to be from India. Shares of AAPL drop nearly 3%.



Read more at Yahoo Finance: Trump threatens Apple Inc. (AAPL) with New Tariffs if iPhones Not Made in U.S.