Apple, Trump and iPhone
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President Donald Trump on Friday threatened to hit Apple with a 25% tariff unless the company starts manufacturing iPhones in the U.S., just days after he criticized the company for its reported plans to move its smartphone production from China to India in a bid to beat tariffs.
Money can buy you happiness -- and access -- but it still won't insulate you from President Donald Trump's trade war, as Apple CEO Tim Cook found out Friday.
This comes despite Trump asking Apple’s Cook to halt production in India and instead shift base to the United States.