Trump threatens Apple with 25% tariffs again.
• Trump threatens Apple with 25% tariffs on iPhone imports if the company doesn’t manufacture them domestically.
• He insists iPhones sold in the US should be manufactured and built in the US, not in India.
• Trump has previously criticized Apple’s phone assembly operations in India, mainly contract manufacturers with facilities in Tamil Nadu and Karnataka.
• Apple and the Ministry of Electronics and Information Technology have not commented on the matter.
• Ajay Srivastava, founder of the Global Trade Research Institute, suggests shifting iPhone assembly from India to the U.S. could create over 60,000 new jobs.