Group 1 - President Trump believes Apple can manufacture iPhones in the U.S. to avoid new tariffs, but analysts express skepticism about the feasibility of this move [1][3] - Analyst Laura Martin argues that producing iPhones in the U.S. would significantly increase costs, estimating a price of $3,500 per iPhone if manufactured domestically [2] - The transition of Apple's supply chain to the U.S. would take years, with most experts deeming it impossible to manufacture iPhones entirely in the U.S. [2] Group 2 - White House Press Secretary Karoline Leavitt stated that Trump believes the U.S. has the necessary workforce and resources for domestic iPhone production [3] - Leavitt highlighted that Apple has invested $500 billion in the U.S., suggesting confidence in the country's manufacturing capabilities [4] - Investors are currently selling Apple shares due to concerns over its manufacturing exposure to China, which is facing a cumulative tariff rate of 104% [4] - Martin indicated that Trump's tariffs could increase Apple's costs by approximately 50% [5]
Tech analyst responds to Trump wanting Apple to make iPhones in U.S.: 'I don't think that's a thing'