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Trump Threatens 25% Tariff on Apple, iPhone Prices Skyrocket

5/23/2025

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Summary

Story summary

President Trump is doubling down on his call for Apple to manufacture iPhones in the U.S., threatening a hefty 25% tariff if they don’t comply. He firmly opposes shifting production to India. Analysts warn that this move could skyrocket iPhone prices to an astonishing $3,500, a dramatic leap from the current $1,000.

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Story summary

President Trump is doubling down on his call for Apple to manufacture iPhones in the U.S., threatening a hefty 25% tariff if they don’t comply. He firmly opposes shifting production to India. Analysts warn that this move could skyrocket iPhone prices to an astonishing $3,500, a dramatic leap from the current $1,000.