Apple, Samsung to pay 25 percent tariff on phones outside America, Trump says: Story in 5 digits

Apple, Samsung to pay 25 percent tariff on phones outside America, Trump says: Story in 5 digits

After holding a smartphone tariff, US President Donald Trump has finally said that Apple will have to pay 25 percent tariffs for each iPhone not done in the US. Interestingly, it is not limited to Apple only, but more smartphone companies.

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Apple, Samsung to pay 25 percent tariff on phones outside America, Trump says: Story in 5 digits
US President Donald Trump warns Apple, Samsung to not build phones in America

In short

  • Donald Trump threatens apple and Samsung with at least 25 percent tariff on smartphones made in America
  • Apple plans to transfer most of its iPhone production to India
  • But, if Apple decides to create iPhones in America, the price can be up to Rs 3 lakh

US President Donald Trump has warned Apple, Samsung and other smartphone companies against the construction of his phones in the country. Recently in social media posts, they threatened these companies with at least 25 percent tariffs if they chose to build a smartphone outside the US. This has come after Tram’s tariff hike on all Chinese imports by Trump, but put a temporary stagnation on some levy such as smartphones. And now, he has come back to him again. Let’s see the full story in 5 digits.

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Trump says that apple and Samsung to pay at least 25 percent tariffs …

– Trump’s warning: President Donald Trump has issued a strict warning to Apple and other smartphone manufacturers, which threaten to put a “at least 25 percent” tariff on iPhones and similar devices until manufacturing operations in the United States are transferred.

Truth Social, writing on a social media platform, Trump said: “I have informed Apple’s Tim Cook long ago that I hope his iPhone will be sold in the United States and built and built in the United States, not in India, or anywhere. If it is not, if it is not, at least 25 percent should be paid by the US.

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The President reiterated his long -standing demand that Apple produces its major equipment domesticly, a warning of punitive trade measures to the company should continue to rely on foreign production.

-25 percent tariff on not-in-in-US phone: After this post, while interacting with reporters at the White House, Trump expanded his tariff tired, making it clear that apple in the firing line would not be the only technical veteran. The proposed levy, he revealed, also hit rivals such as Samsung – and could kick by the end of June.

Trump announced, “It will be Samsung and any person who makes that product, otherwise it would not be appropriate,” Trump announced that he was targeting for the same-evidence tariff in the name of fairness. It seems that it is not just feeling apple heat.

“When they build their own plant here, there is no tariff. So they are going to build plants here,” said Trump.

– How did all this start? All this began last month when Trump sent apple investors in a nervousness with a string to increase tariff hazards on sugar imports – and most iPhones are kept together in China, you can imagine jitters. Planned tariffs are snowball up to 245 percent. But when everyone was working for influence, the White House performed a Swift U-turn and announced a stunning discount for the smartphone and computer.

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Purchased fast for a few days, and Trump was in the headlines, fuming about Apple’s foreign ambitions. The latest danger heats up on her grip’s heels that he had a “problem with Tim Cook,” came out after the report that Apple planned to transfer all US-Bound iPhone production to India. However, Trump wants production to return to the US.

– Apple investment in Indian manufacturing plants: On this Thursday, the Financial Times revealed that the main manufacturing partner of Foxconn – Apple – is spraying $ 1.5 billion on a shiny new plant in Chennai, Southern India to crank the iPhone display. Apple has been spreading its manufacturing wings for some time, and that trend only raised steam between Washington and Beijing for an epidemic and growing stress.

Commenting on the move, Trump did not keep back. Talking to reporters, he said about Tim Cook: “He said that he is going to India to build plants. I said, okay to go to India, but you are not going to sell here without tariff, and this is the way.”

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In the True Trump style, this “you do – but not on my turf without paying!”

– Building in America is just a dream: Currently, India sits under a global “baseline” tariff of 10 percent, while China saw a 30 percent of a heftier-a figure that could climb even more in August, once a temporary 90-day rate cuts down. Luckily for Apple, most of its gadgets, including iPhones, are currently dodging the flaws of those tariffs. Nevertheless, with too much tariff disturbance in the air, it is no wonder that Apple is eager to transfer production from China.

Now, while Apple has promised to leave a jaw of $ 500 billion in the US economy in the next four years (and Tim Cook dropped himself $ 1 million into Trump’s inaugural fund), most experts agree that “Made in America” ​​is a dream of iPhone, well just a dream.

Why? Because the construction of iPhones in America will be a destiny. Analysts say that the states cannot match only China’s state -of -the -art factories and a mixture of agile, skilled labor. In fact, according to Vesabash Securities, if Apple transferred the production statuside, you would be looking at the tag of water price from the eyes of about $ 3,500 (about Rs 3 lakh) for the same iPhone. This is a more limited version luxury which is luxury compared to everyday!

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