President Trump has threatened a 50% import tax on the European Union and a 25% tariff on Apple products unless iPhones are produced in the United States. His remarks reflect dissatisfaction with trade negotiations that have failed to yield the desired results, as Trump's tariffs have not yet spurred a return to domestic manufacturing. He expressed frustration over stagnant discussions and reiterated his expectations to Tim Cook for U.S. manufacturing of the iPhone, emphasizing that higher tariffs would ensue for goods not produced domestically.
I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else.
Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.
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