Former U.S. President Donald Trump has once again issued a direct warning to Apple, threatening to impose a 25% tariff on the company’s products if it does not manufacture iPhones within the United States. Taking to his social media platform, Truth Social, on Friday, Trump stated that any iPhones sold in the U.S. must also be made there — not in India or any other country.
Trump revealed that he had previously informed Apple CEO Tim Cook about his expectations. “If this doesn’t happen, Apple will have to pay a 25% tariff on products sold in the U.S.,” Trump posted. In addition, he announced a 50% tariff on European Union goods starting June 1.
Following Trump’s statements, U.S. futures and global markets witnessed a decline, signaling investor concern over rising trade tensions. Market experts fear this move could lead to a sharp increase in iPhone prices, affecting Apple’s sales and profitability. The tech giant now finds itself grouped with Amazon, Walmart, and other major corporations who are also grappling with policy uncertainty and inflationary pressures triggered by tariff threats from Trump.
Trump’s comments come at a time when U.S. manufacturers are navigating a sensitive global supply chain environment, and analysts believe that any implementation of such tariffs could escalate trade conflicts with key partners, including India and the EU.