US Edition
Trump Threatens 25% Tariff on Foreign-Made Smartphones, Targeting Apple and Samsung
- On May 23, 2025, President Trump threatened a 25% tariff on all foreign-made smartphones sold in the U.S., singling out Apple and Samsung unless production moves to the U.S.
- Trump issued this ultimatum amid ongoing trade tensions and refused to accept Apple’s plan to shift iPhone assembly to India instead of the U.S.
- Apple’s shares dropped nearly 3% on the day as investors reacted to the tariff threat that challenges Apple's reliance on China and its supply chain diversification efforts.
- Analysts warn that raising prices by $100 to $350 per iPhone may be necessary to maintain margins if tariffs apply, which could advantage Samsung and other rivals, according to Jim Cramer and Wells Fargo.
- This tariff announcement could disrupt Apple's business model, force costly restructuring, and intensify the U.S.-China trade conflict while pressuring all smartphone makers to reshuffle their production.
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192 Articles
192 Articles
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Apple shares face more pain as Trump’s tariff threat looms
Apple Inc. shares are coming off their longest selloff in more than three years, as escalating attacks from the White House threaten to further erode the company’s profit outlook, suggesting the stock’s struggles this year are far from over.
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Coverage Details
Total News Sources192
Leaning Left25Leaning Right24Center26Last UpdatedBias Distribution35% Center
Bias Distribution
- 35% of the sources are Center
35% Center
L 33%
C 35%
R 32%
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