Apple to pay 25% tariff on imported iPhones: US President Donald Trump

In a fresh salvo against Apple Inc, US President Donald Trump on Friday told the Cupertino-headquartered company it could face a tariff of 25 per cent if it manufactured iPhones in “India or any place else” for sale in the United States (US).

Trump’s message on Truth Social indicated that he’s already conveyed it to Apple CEO Tim Cook that all iPhones to be sold in the US must be manufactured there. The development coincides with India’s talks with the US for a bilateral trade agreement during the 90-day pause in the ‘reciprocal tax’ announced by Trump earlier.