Trump warns Apple of 25% tariff
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Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as others have rebounded over the past month.
President Trump threatened tariffs on Apple iPhones in an effort to boost domestic production. Analysts said manufacturing the phones in the U.S. would increase costs significantly.
Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech
The comeback appeared in jeopardy after Apple initially refused to approve Fortnite’s bid before Apple relented this week, clearing the app for U.S. users. It’s also back in the European Union, where alternative app marketplaces have been mandated since last year.