Trump demands Apple make iPhones in the US or face a 25% tariff

What just happened? Donald Trump has given Apple an ultimatum: build iPhones in the US or pay a tariff of at least 25% on its handsets made outside of the country. The president has long been pushing for a US-made iPhone, despite such a device being a near-impossibility and potentially costing a fortune.

"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," Trump wrote in a post on his Truth Social platform earlier today. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S."

During a business event in the Middle East last week, Trump said he had a "little problem" with CEO Tim Cook over Apple moving more ...