Trump threatened Apple with 25% duties due to production outside the United States

US President Donald Trump has threatened Apple with 25 percent tariffs on any iPhones sold but not manufactured in the country. He wrote about this on the Truth Social network on May 23.

"I informed [Apple CEO] a long time ago. To Tim Cook <...> that I expect their iPhones, which will be sold in the United States of America, to be manufactured and assembled in the United States, not in India or anywhere else. If this is not the case, Apple will have to pay the United States a tariff of at least 25%," the American leader said.

According to the NASDAQ stock exchange, Apple shares fell by 4% against this background, the newspaper notes.Ru». Apple's quotes dropped from $201 to less than $193 in less than 10 minutes.

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Earlier, on April 3, after the introduction of import duties, the price of Apple shares fell by 9.55% per day and amounted to $202.52 per unit. On April 9, CNBC reported that the American technology corporation had lost its status as the most expensive company. It was clarified that because of Trump's tariff plan, Apple suffers the most among technology corporations.