Trump threatens 25% tariff on iPhones not made in U.S
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By Jody Godoy, Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) -President Donald Trump's bid to bring manufacturing of Apple's iPhone to the United States faces many legal and economic challenges,
Experts agree tariffs and pressure from President Donald Trump to make iPhones in the U.S. will drive prices higher, but disagree on how much.
Lashing out at Apple’s plans to make most of its U.S. iPhones in India, President Donald Trump on Friday threatened to slap a 25% tariff on the popular device unless the tech giant starts building the product in its home country — a move that still seems unlikely to happen any time soon,
President Donald Trump on Thursday urged Apple to shift manufacturing to the United States, saying he recently told the company's chief executive, Tim Cook, that he disapproves of the decision to move part of its supply chain to India.
Manufacturing iPhones in India is still economically viable even if a 25 per cent tariff is applied, according to a recent report.
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