menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Apple stoc...
source image

TrustedReviews

1d

read

318

img
dot

Image Credit: TrustedReviews

Apple stock falls as Trump threatens 25% tariffs unless iPhones are built in America

  • US President Donald Trump has threatened Apple with tariffs of at least 25% on every iPhone sold in the US unless the manufacturing is brought back to America.
  • Trump mentioned in a post on Truth Social that if Apple doesn't manufacture iPhones in the US, a tariff of at least 25% must be paid by Apple to the US.
  • Apple stocks initially fell due to the threat but have since rebounded slightly, currently down 2.36% compared to the previous day's closing price.
  • Analysts believe it would be challenging for Apple to shift large-scale manufacturing back to the US within a short timeframe, making the 25% tariff potentially a more cost-effective option for the company.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app