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The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL) would foot the bill.
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Trump Trade War Or Peace? What You Need To Know Now
That abrupt shift "from Tariff Man to global salesman," as investment strategist Ed Yardeni put it, revived an S&P 500 bull ...
Apple does not make iPhones in the US, and moving assembly units there would raise the cost of an iPhone by three times ...
Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence ...
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President Trump is pushing Apple to manufacture iPhones in the United States, threatening a 25% tariff on imported products ...
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