Trump Threatens 25% Tariffs If iPhones Not U.S. Made

“President Donald Trump threatened Apple Inc. with a tariff of at least 25% if the tech company does not manufacture iPhones in the U.S.,” Bloomberg reports.

Said Trump: “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S. Thank your for your attention to this matter!”