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Trump threatens 25% tariff on iPhones unless Apple shifts production to the U.S.
Trump threatened a 25% tariff on iPhones imported into the US unless Apple begins manufacturing them domestically. This follows Apple CEO Tim Cook's decision not to join Trump on a Middle East trip, which Trump criticized publicly. The tariff could significantly raise iPhone prices and affect Apple's manufacturing plans in countries like India. Analysts say shifting production to the US would be costly and take years, potentially doubling the cost of iPhones.
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