25% Tariff if Phones Made in India: Donald Trump Targets Samsung After Threat to Apple.
President Donald Trump seems quite not-so-happy with Apple's decision to make in India.
The US President Donald Trump announced that Apple can build factories in India but will face a 25% tariff on products sold in the US if manufactured overseas.
I said, ‘That’s okay, but you’re not going to sell into here without tariffs.’"Donald Trump stressed, "We’re talking about the iPhone.
If they’re going to sell it in America, I want it to be built in the United States."
He added, "They’ve offered us a deal where they’re willing to charge us no tariff, but I told Tim, ‘I don’t want you building in India.
The choice appeared to irritate Mr. Trump, said a New York Times report. »