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Trump's Tariff Threat Could Skyrocket iPhone Prices to $3,500

5/26/2025

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Trump Warns Cook

President Trump issued a stark warning to Apple CEO Tim Cook about a looming 25% tariff on iPhones not made in the U.S., potentially affecting other tech giants like Samsung. Analysts fear this could skyrocket iPhone prices to an astonishing $3,500. Meanwhile, Walmart's CFO raised alarms about rising costs, leading Trump to dismiss the retailer's worries.

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Trump Threatens Tariffs

President Trump has issued a bold warning of a 50% tariff on EU goods and a 25% tariff on Apple unless manufacturing returns to American soil. This volatile stance is fueling tariff fatigue, with 57% of Americans fearing economic harm. As trade tensions escalate, businesses and consumers face a cloud of uncertainty, hindering innovation and growth.

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Trump Challenges Retailers

President Trump has called out major retailers like Walmart for using tariffs as a cover to hike prices, urging them to absorb these costs instead. Amid escalating trade tensions, both Trump and Biden are united in their push to investigate price gouging. As consumers grapple with soaring prices, they hope for a boost in domestic manufacturing to ease the burden.

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Trump Warns Cook

President Trump issued a stark warning to Apple CEO Tim Cook about a looming 25% tariff on iPhones not made in the U.S., potentially affecting other tech giants like Samsung. Analysts fear this could skyrocket iPhone prices to an astonishing $3,500. Meanwhile, Walmart's CFO raised alarms about rising costs, leading Trump to dismiss the retailer's worries.

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