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Trump Threatens to Raise Tariffs on Apple and European Union
PYMNTS.com· 2025-05-23 15:45
President Donald Trump threatened to raise tariffs on Apple and the European Union in Friday (May 23) posts on Truth Social.“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump wrote in one post. “If that is not the case, a tariff of at least 25% must be paid by Apple to the U.S.”Apple did not immediately reply to PYMNTS’ request for comment.The compa ...