American President Donald Trump has warned that 25 % tariff can be imposed on all smartphones outside the country. These smartphones include Apple’s iPhone including devices from Samsung and other companies. Trump said that if these smartphones are made in America, then there will be no tariff. At the same time, if they are sold from outside and sold in America, then the tariff will have to be given. Trump said, ‘Not only Apple will be affected by this policy, but it will be much wider than this. Samsung and other companies will also come under this tariff. Otherwise, it would not be appropriate. When they set up their plant here, there will be no tariff. ‘
Trump spoke to Tim Cook
Trump said in a social media post on Friday that he had already informed Apple CEO Tim Cook about his expectations. Trump said, “I had informed Apple’s Tim Cook long ago that I hope that their iPhones that would be sold in America will be built and built in America, India or anywhere else. If it does not, if it does not, Apple will have to pay at least 25% tariff to America.”
Apple will continue to invest in India
The threat came after a recent meeting between Trump and Cook. According to a White House official, Trump was unhappy with Apple’s plans to transfer more iPhone production from China to India. “I understood with Tim that he would not do so. He said that he is going to India to build a plant.”
Inflation will increase in America
These new comments show changes in Trump’s position. While he had earlier said that other countries will bear the burden of tariffs. This time he made it clear that companies have to pay themselves to Apple. This means inflation can increase for consumers, because if import tax tariff is imposed, American people will have to spend more dollars to buy iPhones.
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