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Apple CEO Tim Cook, left, and President Donald Trump appears before the press during a Flextronics computer production excursion in Austin, Texas, where Mac Pros Apple, November 20, 2019.
Mandel and | AFP | Gets the image
President Donald Trump said in social media Place Friday that Apple have to pay rate 25% and more for iPhones made outside the US.
“I have long reported Tim Cook with Apple that I expect their iPhone to be sold in the United States IndiaEither anywhere. If this is not the case, at least 25% should be paid to Apple’s US, “Trump said about the truth of the social.
On Friday after the post of Apple stock, approximately 2%fell.
Apple’s flagship phone is mainly in ChinaBut the company partially moves production to India because in this country more friendly trade relations with the United States
Some analysts Wall -Rate estimated that the iPhone production is to increase Apple’s price smartphone at least 25%. Dan -Ius Wedbush set the $ 3,500 US iPhone estimate. The iPhone 16 Pro is currently sold about $ 1,000.
This is the last Apple blow from Trump, which over the last couple of weeks has increased pressure on the company and cook to increase domestic production. Trump and Cook met at the White House on Tuesday, reports Politics.
Treasury Secretary Scott Baby said in an interview with Fox News on Friday that he is not involved in a meeting at the White House, but that the situation with the apple could become part of the Trump administration to return the “accurate product” back to the US
“A considerable part of Apple’s components is in semiconductors. Therefore, we would like Apple to help us make a semiconductor supply chain safer,” said the infant.
Cook gave 1 million dollars Trump’s inauguration fund And attended the inauguration in January. Apple has announced the cost of $ 500 billion on US development, including You have a server Production in Houston.
Apple refused to comment on this story.
The company said that during its income report on May 1, it expects about $ 900 million in the current quarter. Cook said the company’s revenue is called that the tariff forecast was “It is very difficult to predict“Last June.
FOXCONN, one of the major Apple iPhone collection partners spent $ 1.5 billion on expanding its facilities in India, Reported about Financial Times Thursday.
Trump has publicly criticized other major US companies, including Walmartduring it trading war Click, but levies on a certain consumer product is a new step. The exact legal mechanism of tariffs is unclear.
Trump followed European Union. In combination, the positions indicate the tensions in the trade again after the US has temporarily reduced many of its fees, including in agreement with China.
Apple also had to focus on tariff threats during the first term Trump when in 2019, 15% of Chinese imports were considered in 2019. Apples’ products from duties.
Because Apple is crossing the US president, the company also sees weak demand in China. On Friday, the company came to stimulate trading incentives for iPhones in China.
