Trump Threatens Tim Cook To Manufacture IPhones In US Or Face 'At Least 25%' Tariffs- AAPL Stock Slides Over 3% In Premarket

On Friday, Trump took to his Truth Social to reiterate his expectations to Apple’s CEO, Tim Cook, that iPhones sold in the U.S. should be “manufactured and built” domestically and not in India. He warned of a substantial tariff of “at least 25%” if this is not the case.