Donald Trump, Apple and iPhone
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Just moving out of China won’t be enough for Apple to satisfy the president’s demands for U.S. production, Ben Rose writes in a guest commentary.
California AG Rob Bonta warns he may sue over Trump's 25% tariff threats on Made-in-India iPhones. Trump urged Apple to manufacture in the US, leading to tensions as Apple planned US sales of India-made phones.
Trump's Ultimatum to Tim Cook: Only iPhones Built in the US Can Be Sold Here- Full Story in 5 Points
Trump claims he personally told Apple CEO Tim Cook that he does not want Apple to build iPhones in India and that India can take care of itself.
In a note to clients on Friday, Mizuho TMT specialist Jordan Klein warned that escalating rhetoric from President Donald Trump targeting Apple (NASDAQ:AAPL) could spell trouble for the tech giant as it navigates global production shifts.
It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.
President Trump took a swing Thursday at Apple CEO Tim Cook over his company’s manufacturing in India, emphasizing that he wants the iPhone maker to expand production in the United States.