Apple, Donald Trump and iPhone 16 smartphones
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U.S.-China trade talks in Geneva resulted in a temporary slash of tariff rates, but the ripple effect of this tit-for-tat escalation won’t disappear anytime soon.
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The Manila Times on MSNTrump eyes tariffs on phone makersUnited States President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25-percent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple an unusual move to single out a specific company in trade policy.
Since President Trump announced a pause on the steepest tariffs on goods from China, importers have made plans to bring in more containers, including holiday season goods. But the level of new order activity is mixed,
Tariffs played a large part in Trump's economic agenda in hopes of reviving a pathway for manufacturing to become steady in the U.S.