Apple Would Rather Absorb A 25% iPhone Tariff Than Move Production To The US, Says Analyst: '...No Guarantee They Won't Face Repeated Tariff Threats During His Term'

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Apple Would Rather Absorb A 25% iPhone Tariff Than Move Production To The US, Says Analyst: '...No Guarantee They Won't Face Repeated Tariff Threats During His Term' - Benzinga

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Trump criticized Apple for shifting production to India and warned CEO Tim Cook that iPhones sold in the U.S.should be "manufactured and built" domestically.

On Friday, President Donald Trump demanded that Apple Inc.(NASDAQ:AAPL) manufacture iPhones sold in the U.S.domestically, or face a 25% tariff.