Trump’s BIG WARNING To Tech Companies | Threatens Tariffs On Phones Made Abroad | Apple
Video Credit: Oneindia - Duration: 03:38s - Published
Trump’s BIG WARNING To Tech Companies | Threatens Tariffs On Phones Made Abroad | Apple
President Donald Trump has issued a broad warning to tech companies that manufacture smartphones abroad, declaring that a 25% tariff will apply not just to Apple but to any firm — including Samsung — that doesn’t shift production to the United States.
Speaking to reporters, Trump emphasized fairness and announced that the new tariffs are expected to be finalized by the end of June.
The move signals a dramatic escalation in his economic nationalism and could have major repercussions on global smartphone pricing and tech supply chains.
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President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trump’s aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trump’s trade war rhetoric sharpens once again—this time aimed squarely at Europe.
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During a press conference in the Oval Office, President Trump was interrupted twice by phone calls from Congress members, which he promptly sent to voicemail. Trump announced plans to impose 50% tariffs on European Union products, citing stalled trade talks. He hinted the tariffs could target major tech companies like Apple and Samsung, potentially starting in late June. While Trump expressed hope for a fair deal, his aggressive rhetoric signals mounting U.S.-EU trade tensions, drawing close attention from markets and global tech firms.
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