No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Not just Apple: Trump threatens to slap tariffs on all imported smartphones including Samsung

by FeeOnlyNews.com
4 months ago
in Business
Reading Time: 2 mins read
A A
0
Not just Apple: Trump threatens to slap tariffs on all imported smartphones including Samsung
Share on FacebookShare on TwitterShare on LInkedIn


U.S. President Donald Trump announced Friday that his proposed 25% tariff on Apple products would also apply to other smartphone makers, including Samsung. Speaking from the Oval Office, Trump emphasized that the tariffs would target all smartphones not manufactured in the United States.

About 60% of the 220 million phones Samsung sells each year globally are made in Vietnam, and many are destined for the U.S., where Samsung is the No. 2 smartphone vendor, according to research firm Counterpoint.

Earlier Friday, the president targeted Tim Cook, the CEO of Apple, who visited Trump at the White House last week. The president wrote that iPhones sold in the United States should be “manufactured and built in the United States, not India, or anyplace else.” If they are not, Trump said the smartphones would face a 25% tariff.In April, Trump had agreed to exclude electronics, including iPhones, from the tariffs he had imposed on China. The step could have saved companies like Apple billions of dollars in tariff costs. But the president’s comments Friday morning suggested he might be rethinking that decision.

Apple has already committed to producing some AI servers in Houston and purchasing $19 billion worth of U.S.-made chips, but Trump remains dissatisfied that iPhones, iPads, and Macs are still assembled abroad.

Live Events

During a recent visit to the Middle East, Trump expressed frustration with Cook. “You’re my friend… but now I hear you’re building all over India. I don’t want you building in India,” he reportedly told the Apple CEO. Apple has gradually shifted some iPhone production out of China to countries like India and Vietnam, due in part to rising costs and geopolitical tensions. Experts say moving full-scale manufacturing to the U.S. would face major challenges, including a lack of a large, skilled labor force and the intricate supply chain network Apple currently benefits from in Asia. As of now, analysts estimate that about 25% of iPhones will be produced in India by the end of 2025.

With agency inputs



Source link

Tags: AppleimportedincludingSamsungslapsmartphonestariffsThreatensTrump
ShareTweetShare
Previous Post

Costco (COST) all set to report Q3 2025 earnings. Here’s what to expect

Next Post

25 of the Best Memorial Day Sales to Check Out in 2025

Related Posts

Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

by FeeOnlyNews.com
September 15, 2025
0

Israel's tallest residential tower will be built in the heart of Ramat Gan's Diamond Exchange district. Ramat Ran Municipality...

Dollar steadies ahead of Fed meeting

Dollar steadies ahead of Fed meeting

by FeeOnlyNews.com
September 14, 2025
0

The dollar held steady on Monday ahead of a pivotal week filled with central bank decisions led by the Federal...

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

by FeeOnlyNews.com
September 14, 2025
0

President Donald Trump on Sunday said foreign workers sent to the United States are “welcome” and he doesn’t want to...

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

by FeeOnlyNews.com
September 14, 2025
0

By Casey Hall SHANGHAI (Reuters) -China's leaders have pledged to put an end to aggressive price cuts by some Chinese...

North Korean hackers used ChatGPT to help forge deepfake ID

North Korean hackers used ChatGPT to help forge deepfake ID

by FeeOnlyNews.com
September 14, 2025
0

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack...

This crypto investor correctly predicted bitcoin would hit 0K in 2025. He now expects it to double in the next year.

This crypto investor correctly predicted bitcoin would hit $120K in 2025. He now expects it to double in the next year.

by FeeOnlyNews.com
September 14, 2025
0

- FRAME Studios; Pantera In 2013, Dan Morehead, founder and chief executive at Pantera, back then a global macro hedge...

Next Post
25 of the Best Memorial Day Sales to Check Out in 2025

25 of the Best Memorial Day Sales to Check Out in 2025

9 Ways to Tell When Someone Is Lying to You

9 Ways to Tell When Someone Is Lying to You

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
RBC wealth revenue rises despite recruiting costs

RBC wealth revenue rises despite recruiting costs

August 27, 2025
Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

0
Stressed and Distressed Credit: Risk and Reward

Stressed and Distressed Credit: Risk and Reward

0
Hanes Knit Sleep Pants 4-Pack only .98, plus more!

Hanes Knit Sleep Pants 4-Pack only $19.98, plus more!

0
Iceland’s ORF Genetics lands €5M to scale plant-based growth factors for cultivated meat; eyes €7M total

Iceland’s ORF Genetics lands €5M to scale plant-based growth factors for cultivated meat; eyes €7M total

0
Reintroducing A Classic: The S&R Executive Spotlight

Reintroducing A Classic: The S&R Executive Spotlight

0
Wall Street Turns Bullish on NVIDIA (NVDA) as AI Compute Drives Growth

Wall Street Turns Bullish on NVIDIA (NVDA) as AI Compute Drives Growth

0
Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

September 15, 2025
Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

September 14, 2025
Dollar steadies ahead of Fed meeting

Dollar steadies ahead of Fed meeting

September 14, 2025
Reintroducing A Classic: The S&R Executive Spotlight

Reintroducing A Classic: The S&R Executive Spotlight

September 14, 2025
Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

September 14, 2025
Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

September 14, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Construction begins on Israel’s tallest residential tower
  • Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again
  • Dollar steadies ahead of Fed meeting
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.