Apple to pay 25% tariff if phones not made in US, Trump says


Apple iPhone 16 smartphones are displayed at a store in London, Britain. — Reuters

U.S. President Donald Trump said on Friday that Apple would have to pay a 25% tariff if phones sold in the country were not made within its borders.

Shares of Apple dropped 2.5% in premarket trading on Trump's warning, dragging down U.S. stock index futures lower.

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Donald Trump , Apple , tariff , iPhone

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