US Edition
Trump says Samsung, other phone-makers could be hit with tariffs
- President Donald Trump announced on May 23, 2025, a 25% tariff on all smartphones imported into the U.S., including Samsung and Apple devices, effective end of June.
- Trump imposed tariffs to pressure Apple CEO Tim Cook to move iPhone manufacturing to the U.S. And reduce reliance on China amid ongoing trade tensions.
- Apple has already increased iPhone production in India, which supplies nearly half of U.S. Sales in Q2 2025, to mitigate tariff impacts and avoid price hikes.
- Wells Fargo estimates that Apple may need to raise iPhone prices by $100 to $350 per device to offset tariffs, potentially benefiting rivals like Samsung as Jim Cramer noted.
- These tariffs and trade pressures create new risks for Apple investors and suggest further challenges in U.S. Manufacturing relocation and global supply chain security.
89 Articles
89 Articles
'This is to Make America Great Again?': Man exposes the backwards math of MAGA tariffs where U.S. companies pay 15% more than foreign rivals
President Trump has doubled down on using tariffs to stop American companies from foreign production. And it seems like it’s getting so severe that it’s foreign companies that are getting the advantage. When Trump was getting inaugurated for his second term, there was a noticeable shift in business people’s reactions. Whereas in the first term they were openly critical of him for using his platform to champion things like an insurrection, the bu…
Trump Says You Can Import 25% Tariffs to Samsung and Other Mobile Manufacturers
"If you're going to sell in the United States, I want you to make it here," Trump insisted, which confirmed that there will be no tariffs for companies to transfer their factories to the country.
Trump Confirms 25% Tariff On Samsung And Other Companies Making Smartphones Outside The US - Apple (NASDAQ:AAPL)
President Donald Trump has confirmed that the previously announced 25% tariff on iPhones will also apply to Samsung and other smartphone manufacturers outside the U.S. What Happened: According to a report by 9to5Google on Friday, the President clarified that the 25% tariff would apply to “anybody” selling smartphones in the U.S. that are not made in the U.S. This comes after his earlier announcement of a 25% tariff on iPhones not manufactured in…
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