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Image Credit: Mashable

Trump warns Apple and Samsung that 25% smartphone tariffs could land in June

  • President Donald Trump threatened to impose a 25% tariff on smartphones, including iPhones and Samsung phones, if manufacturing is not moved to the U.S.
  • The tariff would apply to any company selling foreign-made phones in the U.S., not just Apple, and could be implemented by the end of June.
  • This broader approach makes more sense than singling out Apple, as Trump had previously threatened various companies with tariffs.
  • Apple's heavy reliance on hardware sales could make the company more vulnerable to such tariffs, and the impact on smartphone prices and stock market reactions is being closely monitored.

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