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    Trump Threatens 25% Tariff on Apple and Samsung

    President Trump's Tariff Threat: Apple and Samsung in the Crosshairs Washington, D.C. — In a significant development in the ongoing trade tensions, President Donald Trump issued a stark warning to Apple and Samsung on May 23, 2025. During a White House interview, he threatened to impose a 25% tariff on iPhones and Samsung phones unless the companies begin manufacturing their products in the United States. "So anybody that makes that product, and that'll start on, I guess the end of June," Trump stated, "if they make that product here, there's no tariff." This statement represents a direct escalation of Trump's protectionist policies, aiming to encourage domestic manufacturing and reduce reliance on foreign production. The threat has immediate implications for both companies, potentially impacting their production strategies and pricing models. Analysts suggest this could lead to increased production costs and higher prices for consumers. The White House has not yet released further details regarding the implementation or timeline of the proposed tariff. However, this announcement is likely to trigger further debate and discussion about the balance between international trade and domestic economic growth. The move also highlights the ongoing tension between the administration and major technology companies.

    2 months ago
    US
    United States
    news summary
    tariff
    Trump Threatens 25% Tariff on iPhones Made Outside US
    Trump Threatens 25% Tariff on iPhones Made Outside US
    cnbc
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    Trump's Tariff Threats: 50% on EU, 25% on Apple Unless iPhones are Made in the US
    Trump's Tariff Threats: 50% on EU, 25% on Apple Unless iPhones are Made…
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