Apple, a leader among the 'Magnificent Seven', is currently under threat from potential tariffs that could impact its iPhone production, largely manufactured in China. Despite receiving temporary exemptions from Trump’s tariffs on electronics, recent indications suggest that a hefty 25% tariff could be enforced on iPhones made outside the US. This uncertainty exacerbates an already challenging year for the tech giant, marked by stock downgrades, a weak AI debut, and ongoing legal matters involving Epic Games. The implications of these tariffs could pose serious risks to Apple's operational models and overall stability.
On May 23, 2025, the president took direct aim at Apple, threatening a tariff of at least 25% to be paid by the company to the United States on iPhones manufactured outside of the country.
While Apple had been granted an exemption for smartphones, computers, and other electronics from President Donald Trump's tariffs, the reprieve was short-lived as Trump took to social media to suggest that 'nobody is getting 'off the hook'' when it comes to importing goods.
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