4.8 • 1.7K Ratings
🗓️ 28 May 2025
⏱️ 14 minutes
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President Donald Trump threatened Apple with tariffs if the company does not move manufacturing to the US, sparking debate about the US economy and global trade. The potential Apple tariffs could greatly affect the price of iPhones. Stay informed with the latest news.
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0:00.0 | Trump-Apple relationship devolves with threats. |
0:04.0 | This is the Hill. |
0:05.0 | President Trump threatened a 25% tariff on Apple products if the company does not shift |
0:10.0 | more manufacturers to the U.S. stating I have long ago informed Tim Cook of Apple that I expect |
0:16.0 | their iPhones that will be sold in the U.S., will be manufacturing and built in the U.S. as well, and later |
0:21.4 | told reporters the iPhone, if they're going to sell it in America, I want it to be built in the U.S. |
0:27.1 | This marks a shift from the cordial relationship during Trump's first term when Apple secured |
0:32.5 | tariffs exemption as Cook now faces, pressured despite a $500 billion U.S. investment pledge, |
0:38.0 | including a new Texas factory, |
0:40.3 | the tariff threat, part of Trump's broader push to reshore manufacturing, |
0:44.8 | follows Apple, supplier, Foxcon, |
0:46.8 | one and a half billion dollar investment in India, |
0:48.8 | prompting Trump to say, I said to him, Tim, |
0:51.1 | you are my friend, I don't want you to build in India. |
0:53.7 | Rob, is this a clip? |
0:54.8 | Yes. |
0:55.1 | Go for it, Rob. |
0:56.2 | Mr. President, on Apple, you said this morning that if they don't make their iPhones in the U.S., |
1:02.9 | you're going to hit them with a 25% tariff. |
1:05.3 | Right. |
1:05.7 | Do you have the power to tariff one single company? |
1:08.5 | And why would you want to hurt an American company in that way? It would be more. |
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