💨 Abstract
President Trump threatened to impose a 25% tariff on Apple products if iPhones are not manufactured in the U.S. This move aims to pressure Apple to shift production back to the U.S. from other countries like India. Apple has been considering moving parts of its production to India as a response to Trump's tariffs on Chinese goods. This threat places Apple alongside other major companies like Amazon and Walmart, facing uncertainty and inflation due to Trump’s tax policies.
Courtesy: WTOP Staff
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