US Edition
Trump Is Threatening to Impose Tariffs on Two American Companies
- President Donald Trump threatened to impose tariffs on Apple and Mattel in 2025 over comments by their CEOs and production decisions in the U.S.
- Trump's tariff threats followed CEO Tim Cook's plan to shift iPhone production for the U.S. market from China to India, angering Trump amid legal questions about his unilateral tariff authority.
- Trump announced a 25% tariff on imported smartphones including Apple and rival Samsung, and a 100% tariff on Mattel's toy imports, which Mattel said could raise prices without shifting production.
- Trade experts and attorney Lizbeth Levinson noted that company-specific tariffs would face legal challenges and that Trump's actual goal is to pressure companies into making U.S. investments.
- The U.S. Court of International Trade questioned Trump's tariff authority, a Court of Appeals delayed that ruling, and the tariff threats remain a negotiation tactic rather than imminent enforcement.
14 Articles
14 Articles
If Trump fulfills his threat, the iPhone will be much more expensive for everyone, either for tariffs or by domestic manufacture. There is no doubt that the user will pay the bill.
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