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President Trump: iPhone sold in America will be made in America or Apple will pay a 25% tariff

  • President Trump expects Apple to manufacture iPhones domestically in the U.S. or face a 25% tariff on products sold in the country.
  • President Trump also announced a 50% tariff on European Union imports starting June 1, part of negotiation tactics with Apple and ongoing trade negotiations.
  • Apple has abandoned plans to integrate a camera into the Apple Watch and is focusing on launching smart glasses by the end of 2026 to compete with Meta.
  • Kraken, a cryptocurrency exchange, is set to offer non-U.S. customers the ability to trade tokenized versions of popular stocks like Apple.

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