Donald Trump is pushing for a significant shift in smartphone production, threatening a 25% tariff on iPhones and Samsung phones if they are not manufactured in the United States. This bold announcement, initially targeting Apple via Truth Social, resulted in a notable decline in Apple’s stock, wiping off billions from its valuation. The former president’s “America First” agenda is now intensely focused on consumer electronics.
Trump explicitly communicated his expectations to Apple CEO Tim Cook, stressing that iPhones sold within the US must be built domestically, not in places like India. This statement comes on the heels of reports that Apple has been diverting some US-bound iPhone production to India to navigate previous US-China trade tensions. Trump’s renewed pressure underscores his unwavering commitment to reshoring jobs.
The proposed tariff scheme extends beyond Apple, encompassing Samsung and any other phone manufacturer that assembles devices outside of the US. Trump made it clear that establishing manufacturing plants within the United States would exempt companies from these tariffs, thereby incentivizing domestic investment. This signals a broad economic strategy to revitalize American industrial capacity.
However, experts in the financial and manufacturing sectors are expressing reservations about the practicality of such a move. They highlight the vast complexities of transferring large-scale production facilities and securing a flexible workforce, which are currently abundant in countries like China. The prospect of a US-made iPhone costing an estimated $3,500 raises serious questions about consumer affordability and market viability.
Trump’s US Manufacturing Push: 25% Tariff Looms for iPhones, Samsung Phones
