30 May 25 - Fri 1:22:pm
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Trump Imposes 25% Tariff on iPhones Manufactured Outside the US — Apple Faces Pressure to Move Production

President Donald Trump has announced a 25% tariff on iPhones and other smartphones not made in the U.S., pressuring Apple to shift production domestically. In response, Apple is airlifting units from India to the U.S. to avoid tariffs, but manufacturing stateside could raise prices significantly. The announcement has led to a $70 billion drop in Apple’s market value.

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