President Trump expressed discontent over Apple CEO Tim Cook's strategy to manufacture iPhones in India, accusing him of undermining U.S. production. Trump emphasized his historic tariffs aimed at boosting domestic manufacturing and criticized Cook for not prioritizing U.S. factories. Despite Apple's efforts to increase production within the U.S. to mitigate tariff impacts, analysts suggest challenges remain due to high labor costs and the complexity of the supply chain. With Cook advocating for a significant shift in production to India, Trump's aspirations for returning manufacturing jobs to the U.S. seem increasingly unlikely.
I had a little problem with Tim Cook yesterday, Trump said Thursday in Qatar. I said to him, Tim, you're my friend. I treated you very good. You're coming in with $500 billion. But now I hear you're building all over India. I don't want you building in India.
Trump said Apple can build in India to take care of India and claimed that Apple is upping their production in the United States.
Corporate America can't just flip a switch and start making everything in the United States. His comments follow Apple's decision to shift production of iPhones sold in the United States from China to India so Apple can avoid paying higher tariffs.
Although the Trump administration is eager to get Apple to bring iPhone production here, it's an ambition that analysts have said is nearly impossible to achieve because of high costs.
Collection
[
|
...
]