> Trump threatens tariffs on Apple and other tech companies unless phones are made in the US
Trump threatens tariffs on Apple and other tech companies unless phones are made in the US
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President Donald Trump says tariffs are coming for all foreign-made smart phones, not just Apple products.
Speaking to reporters in the Oval Office, Trump said he would threaten tariffs on all smartphone makers who make their products abroad, not just Apple as he had threatened in a Friday social media post.
"It would be also Samsung and anybody that makes that product," Trump said. "Otherwise, it wouldn't be fair."
Trump said the new tariffs would come out at the end of June. He said he had an understanding with Apple CEO Tim Cook that his company would not relocate production to India to avoid Trump's tariffs on Chinese goods.
Trump said he's confident that companies can move their factories to the U.S. because "a lot of it is so computerized now."