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‘American jobs come first’: Trump throws cold water over Apple’s Make in India plans

Economic Times · 1d

President Donald Trump warned of a 25% tariff on iPhones manufactured abroad, threatening Apple’s plans to expand production in India. Trump stressed that iPhones sold in the U.S. should be built domestically, citing job preservation. The tariff threat, also directed at other smartphone makers like Samsung and Huawei, could take effect by June 2025. Shifting production to the U.S. would significantly raise costs, possibly impacting iPhone prices and demand.