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Trump says Apple to pay 25% tariff on iPhones sold in the US, but not made in country
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Trump says Apple to pay 25% tariff on iPhones sold in the US, but not made in country
May 26, 2025 1:13 PM

May 23 (Reuters) - President Donald Trump said on Friday

that Apple ( AAPL ) would pay a 25% tariff on iPhones that are sold in

the United States but not made in the country.

"I have long ago informed Tim Cook of Apple ( AAPL ) that I expect

their iPhone's (sic) that will be sold in the United States of

America will be manufactured and built in the United States, not

India, or anyplace else," he wrote in a Truth Social post.

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