BusinessPostCorner.com
No Result
View All Result
Monday, June 2, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Trump lashes out at Apple over plan to ship US iPhones from India

May 15, 2025
in Finance
Reading Time: 3 mins read
A A
0
Trump lashes out at Apple over plan to ship US iPhones from India
ShareShareShareShareShare

Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

Donald Trump has hit out at Apple’s plans to produce more iPhones in India as a way of avoiding US tariffs on Chinese-made goods, as he continues to push the tech group to manufacture its best-selling device in America.

Speaking in Qatar on the latest leg of his Middle East tour, the US president said he had “a little problem with Tim Cook yesterday” after the Apple chief executive confirmed last week that Indian factories would supply the “majority” of iPhones sold in the US in the coming months.

The Financial Times previously reported that Apple planned to source from India all of the more than 60mn iPhones sold annually in the US by the end of next year.

Trump criticised that idea on Thursday, saying he told Cook: “We are treating you really good, we put up with all the plants you built in China for years. We are not interested in you building in India.”

He claimed that Apple would be “upping their production in the United States” following the conversation. Apple did not immediately respond to a request for comment.

Trump’s comments are the latest sign of a cooling in the president’s relationship with Apple, one of America’s most valuable companies.

Speaking at an event in Riyadh this week after announcing a multibillion-dollar deal to sell hundreds of thousands of Nvidia processors to a new Saudi artificial intelligence project, Trump lavished praise on the chipmaker’s chief Jensen Huang from the stage, saying: “Tim Cook isn’t here but you are.”

Recommended

Apple in February pledged to spend $500bn in the US during Trump’s four years in office, including producing chips and servers for AI.

But the company faces huge challenges in replicating its vast Chinese supply chain and production facilities in the US, which rely on a skilled high-tech manufacturing workforce that is now overwhelmingly concentrated in Asia.

Analysts estimate it would cost tens of billions of dollars and take years for Apple to increase iPhone manufacturing in the US, where it at present makes only a very limited number of products.

US commerce secretary Howard Lutnick said last month that Cook had told him the US would need “robotic arms” to replicate the “scale and precision” of iPhone manufacturing in China.

“He’s going to build it here,” Lutnick told CNBC. “And Americans are going to be the technicians who drive those factories. They’re not going to be the ones screwing it in.”

Lutnick added that his previous comments that an “army of millions and millions of human beings screwing in little screws to make iPhones — that kind of thing is going to come to America” had been taken out of context.

“Americans are going to work in factories just like this on great, high-paying jobs,” he added.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Moving to Florida comes with surprise taxes and fees

Next Post

Hong Kong Police Develop ‘CryptoTrace’ Tool to Help Track Online Crypto Crimes

Next Post
Hong Kong Police Develop ‘CryptoTrace’ Tool to Help Track Online Crypto Crimes

Hong Kong Police Develop ‘CryptoTrace’ Tool to Help Track Online Crypto Crimes

The AI copyright standoff continues

The AI copyright standoff continues

June 2, 2025
Stocks flat after Trump says China ‘totally violated’ trade agreement with U.S.

Stocks flat after Trump says China ‘totally violated’ trade agreement with U.S.

May 30, 2025
In the blogs: Beautiful noise

In the blogs: Beautiful noise

May 27, 2025
Tariff ruling doesn’t really change US-UK deal

Tariff ruling doesn’t really change US-UK deal

May 29, 2025
Elon Musk is distancing himself from Trump: ‘I don’t want to take responsibility for everything’

Elon Musk is distancing himself from Trump: ‘I don’t want to take responsibility for everything’

June 2, 2025
3 benefits of antioxidant-packed tart cherry juice, according to science

3 benefits of antioxidant-packed tart cherry juice, according to science

May 29, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

The most EV-friendly country in the world is still loyal to Tesla, as Model Y sales surge in May

The most EV-friendly country in the world is still loyal to Tesla, as Model Y sales surge in May

June 2, 2025
Cardano Price Prediction: Chaos or Catalyst? ADA Reacts to Hoskinson Fallout

Cardano Price Prediction: Chaos or Catalyst? ADA Reacts to Hoskinson Fallout

June 2, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!