US President Donald Trump threatens Apple with import tariffs of 25 percent. He had informed Apple -boss Tim Cook a long time ago that he would expect the company to be manufactured and built in the United States in the United States.
“Not in India or somewhere else,” wrote Trump Truth Social on his online language tube. “If this is not the case, Apple must pay a habit of at least 25 percent to the United States.”
Production of production would be expensive
The government of Trump has been demanding for some time, Apple must also build the iPhone-the most important product of the group in the US. Experts, on the other hand, believe that this would require huge investments and drastically expensive the smartphones.
Apple had built supply chains in Asia with huge factories, especially in China, under Cook’s director in Asia. In recent years, the iPhone group has increased production in India and Vietnam. A trigger for this was delivery bottlenecks according to COVID-Lockdowns in China.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
