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Apple Stock sinks to Trump after Trump has threatened 25% tariffs on the iPhone manufacturer

The Apple shares fell by up to 3% on Friday on Friday after President Trump said that the company had to pay at least one tariff of 25%, unless Iphones are sold in Germany.

“I have announced Tim Cook from Apple a long time ago that I would expect your iPhone to be sold in the United States of America that will be built in the USA, not in India or elsewhere,” Trump in a social post said on Friday morning.

“If this is not the case, a tariff of at least 25% of Apple must be paid to the USA.”

During a Q&A meeting in the White House on Friday afternoon, Trump suggested and suggested that tariff policy would apply not only for Apple, but also for competitors such as Samsung.

“It would also be Samsung and everyone who produces this product. Otherwise it would not be fair,” he said. “If you build your system here, there are no tariffs. So you will build plants here.”

Nasdaqgs – delayed quote USD

Apple was caught in the crosshair of President Trump's collective bargaining policy, who tries to bring production back to the USA and places like China.

In its quarterly profit call at the beginning of this month, the company announced that due to tariffs, due to tariffs, it would face a headwind of 900 million US dollars in the current quarter.

The company is working on the diversification of its supply chain with strong investments in India. During the company's profit at the beginning of May, CEO Tim Cook said that the “majority” of the iPhone, which were sold in the USA this quarter, would come from India from India.

“I had an understanding with Tim that he wouldn't do that,” Trump told reporters on Friday afternoon. “He said he was going to India to build plants. I said: 'It's okay to go to India, but you won't sell here without tariffs.”

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Apple was caught in the crosshair of President Trump's collective bargaining policy, who tries to bring production back to the USA and places like China. (AP Photo/Andy Wong) · Associated Press

Wall Street warned that the production of devices in the USA would make too much more expensive phones for customers.

“The pressure of the Trump administration on Apple to build up iPhone production in the United States would lead to an iPhone price that is a non-starter for Cupertino, and in iPhone prices of ~ 3,500 US dollars if they were not realistic in the USA, since this would take 5-10 years to shift production to the USA,” said Wedbush analysis.

“We believe that the concept that Apple produces iPhones in the USA is a fairy tale that is not feasible,” he added.

Yahoo Finance turned to Apple on Friday, but has not yet received an answer.

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