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Just as feared, White House confirms 25% tariffs will impact Samsung and other phone makers

  • The White House threatened Apple with 25% tariffs over plans to build iPhones in India.
  • Initially uncertain if this targeted only Apple, it now includes Samsung and other phone manufacturers.
  • The US administration aims to alter global manufacturing with tariffs to be 'fair' across different companies.
  • The White House confirmed the intent to impose tariffs on Samsung and other smartphone manufacturers.

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