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Trump threatens Apple with 25% tariff to force iPhone manufacturing into US

Donald Trump woke up Friday morning and threatened Apple with a 25 percent tariff on any iPhones sold in the US that are not manufactured in America.

In a Truth Social post, Trump claimed that he had "long ago" told Apple CEO Tim Cook that Apple's plan to manufacture iPhones for the US market in India was unacceptable. Only US-made iPhones should be sold here, he said.

"If that is not the case, a tariff of at least 25 percent must be paid by Apple to the US," Trump said.

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Β© Kira-Yan | iStock / Getty Images Plus

During an awkward Oval Office meeting attended by reporters, Trump confront…

During an awkward Oval Office meeting attended by reporters, Trump confronted South African President Cyril Ramaphosa with skewed "evidence" that White farmers are facing genocide in the foreign nation

Gabbard's chief of staff, Joe Kent, reportedly instructed the National Inte…

Gabbard's chief of staff, Joe Kent, reportedly instructed the National Intelligence Council to edit official assessments so that they aligned with Trump’s statements about Venezuelan gang activity

Trump’s trade war risks splintering the Internet, experts warn

In sparking his global trade war, Donald Trump seems to have maintained a glaring blind spotΒ when it comes to protecting one of America's greatest trade advantages: the export of digital services.

Experts have warned that the consequences for Silicon Valley could be far-reaching.

In a report released Tuesday, an intelligence firm that tracks global trade risks, Allianz Trade, shared results of a survey of 4,500 firms worldwide, designed "to capture the impact of the escalation of trade tensions." Amid other key findings, the group warned that the US's fixation on the country's trillion-dollar goods deficit risks rocking "the fastest-growing segment of global trade," America's "invisible exports" of financial and digital services.

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Β© Anna Moneymaker / Staff | Getty Images News

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