President Trump warned that Apple will face a tariff of at least 25% on iPhones manufactured outside the United States, according to CNBC. Trump stated on Truth Social that he previously told Apple CEO Tim Cook he expects all iPhones sold in the U.S. to be manufactured domestically. He warned that if Apple continues producing iPhones abroad, the company will face a tariff of at least 25%. Apple currently manufactures most iPhones in China but has been shifting production to India. Analysts estimate relocating production to the U.S. could push iPhone prices above $3,000. The legal basis for the proposed tariff remains unclear.
