Apple is back in Trump's crosshairs over where iPhones are made

Core Viewpoint - Apple is facing pressure from the Trump administration regarding the manufacturing location of iPhones, with potential tariffs looming if production is not shifted to the U.S. [2][3][12] Group 1: Manufacturing and Tariffs - Trump has expressed frustration over Apple producing iPhones outside the U.S., specifically in India and other Asian countries, threatening a 25% tariff if production does not move to the U.S. [2][3] - Apple currently manufactures most of its iPhones in China but has been expanding production in India and Vietnam [5][7]. - Analysts believe that shifting production to the U.S. would take at least five years and could lead to iPhone prices soaring to $3,500, compared to current prices starting from $599 [4][8]. Group 2: Economic Impact and Consumer Behavior - The potential for increased prices due to tariffs could lead consumers to delay purchasing new electronics, negatively impacting Apple's profits amid rising competition in the AI market [9]. - Other U.S. companies, like Walmart, are also considering price increases due to tariff pressures, indicating a broader economic impact [8]. Group 3: Corporate Strategy and Workforce - Apple has previously announced plans to invest $500 billion in the U.S. and hire 20,000 people, which seemed to align with Trump's interests [12]. - Tim Cook has highlighted the importance of the skilled workforce in China for Apple's production capabilities, suggesting that replicating this expertise in the U.S. is challenging [11]. Group 4: Stock Market Reaction - Following Trump's recent comments, Apple's stock dropped approximately 2% to $195.98 per share, reflecting investor concerns over the potential impact of tariffs [13].