The threat delivered over social media could dramatically increase the price of iPhones, potentially hurting sales and the profits of one of America’s leading technology companies. The company now joins Amazon, Walmart and other major companies as being in the White House’s crosshairs as they try to respond to the uncertainty and inflationary pressures unleashed by the import taxes being imposed by Trump.
“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump posted on Truth Social. “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”
Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China was looking to shift iPhone manufacturing to India as it adjusts supply chains. That plan has become a festering source of frustration for the U.S. president, who also brought it up last week during his Middle East trip.
There is no “war” and no “intensification”, this is just repeated “pump and dumps” being done to make a quick buck on foreclosing my generations chance at a future.
i love it when trump hurts his own american firms. lmao xD
He hurt his own casinos into bankruptcy.
Money laundering for the russian mob, but yeah.
He sees that as a win, because he came out richer than before.
The secret ingredient? Fraud.
hes a very unstable “genius.”
Pretty sure all of this is just market manipulation for his own profits. Tank the market, buy shares, let the market recover, sell shares. Would shock me if he’s not doing that.
USA will become a lot poorer without cheap imports. Trump is forcing production on things in USA that aren’t very profitable, and they have zero chance of exporting.
USA has some of the highest profit industries especially in services, these things will now be attempted by every country in the world to be sourced more locally.
The net result is 100% certain to be that USA will lose profits big time, especially in their most profitable service industries.Have fun Americans paying high taxes on things that still doesn’t pay to make in USA, and force higher taxes on the middle class and below, while the 1% pay less taxes than ever!
Bring the coercion tool on and tax American services into the ground, and please get our governments out of US Clouds and Microsoft Deployments. We all know they are spying on us through it
Don’t sell iphone in US then, Americans who can afford and need iphones can easily fly to Mexico to buy them. The rest can buy 2nd hand.
I have seen American people who cannot afford iPhone, buy the new one every year because “they don’t want cheap”…
yes you are right, it is just for showing off. These people have no need for it. It is just a want. They will still buy it because the higher price allows them to show off even more.
And ironically they’re not slightly better in quality, they just look like it
Every time he does this to some idiot billionaire who already paid him off…
The rest start to re-evaluate if Trump’s worth it.
You’d think so, wouldn’t you. And yet, they were lining up to suck his dick even after the last time.
I read this and think… Ok, what other horrible piece of shit is he trying to get major media to not pay attention to. He is playing to their ADHD about how he actully has that fuckin plane or that the house just passed his big bill that would functionally prevent him and his cronies from being held in contempt of court.
The toddler in chief is being loud in another room so we dont find out he hid shit under the couch…
This is the most idiotic idea of his yet. There is simply no way an iPhone can be built in the US without some major investment in plants to build them and several years to build those plants
Decades of education, first. There are fields of study at universities in China that we don’t have in the US which would be required to first build the know-how. Unless American companies hired Chinese firms as consultants I guess. Then decades of capital investment to stand up the supply chain and facilities.
All to produce things which would be so automated that there would barely be any jobs to be had once it’s all said and done.
Its just manufacturing infrastructure Michael how much could it cost? $10?
Oh ho! He’s got years left! Years, I tells ya.