Apple, Trump and iPhone
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President Donald Trump took aim at Apple recently, threatening it with a 25% tariff on all iPhones made outside the US, which just added more fuel to fire over potential price hikes for the rumored iPhone 17.
Apple Inc. (NASDAQ:AAPL) isn't a company usually associated with national security, but it is in the crosshairs of President Donald Trump, now an expert has given his take on the situation.What Happened: On Friday,
Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence from Trump's Middle East trip. Trump publicly acknowledged Nvidia's CEO Jensen Huang's presence while pointedly noting Cook's absence.
Apple was recouping some of its losses after President Donald Trump threatened to impose a levy on iPhones sold in the U.S.
2don MSN
Key Takeaways Apple shares fell sharply to close out last week after President Trump threatened to impose hefty tariffs on the company if it doesn't manufacture iPhones in the U.S.The stock has closed lower for eight consecutive sessions and has lost 22% of its value since the start of the year,