How will this potential tariff impact the pricing of smartphones in the US for consumers?
The world of smartphones is on the brink of a seismic shift. Forget the usual tech headlines; we’re entering a new era of trade wars and geopolitical maneuvering. Yesterday, President Trump’s announcement of a 25% tariff on iPhones manufactured outside the U.S. sent shockwaves through the tech industry. But the story doesn’t end there. This isn’t solely an Apple issue; it’s a declaration affecting the entire smartphone landscape, including giants like Samsung. The move, seemingly aimed at boosting domestic production, has significant implications for consumers, manufacturers, and the price of the devices we rely on daily. The implications are vast,and the clock is ticking down,wiht potential changes arriving as soon as the end of June.
president Trump has confirmed that the 25% tariff mentioned for iPhone earlier today will also apply too Samsung and “anybody” making smartphones outside of the United States.
Earlier today, donald Trump announced via social media that apple would be subject to a 25% tariff on iPhones sold in the United States that were not manufactured in the country, as the President has been demanding Apple to move its production to the US. Apple’s production is currently primarily in China and partially in India.
Now, Trump has clarified that, yes, this same 25% tariff will apply to “anybody” selling smartphones in the US that are not made in the US, specifically calling out Samsung. “Otherwise it would be fair,” Trump says in a video posted by @Acyn on Twitter/x. The news was also reported by Reuters and The Wall Street Journal.
Trump adds that these tariffs will kick in towards “the end of June.”
Reporter: On Apple, you said if they do not make thier iPhones in the U.S., you will hit them with a 25% tariff.Do you have the power to tariff a single company? Why would you want to hurt an American company?
Trump: it would be more. It would also be Samsung and any other… pic.twitter.com/ItF62LA286
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President Trump has confirmed that the 25% tariff mentioned for iPhone earlier today will also apply to Samsung and “anybody” making smartphones outside of the United States.
Earlier today, Donald Trump announced via social media that Apple would be subject to a 25% tariff on iPhones sold in the United States that were not manufactured in the country, as the President has been demanding Apple to move its production to the US. Apple’s production is currently primarily in China and partially in India.
Now, Trump has clarified that, yes, this same 25% tariff will apply to “anybody” selling smartphones in the US that are not made in the US, specifically calling out Samsung. “Otherwise it would be fair,” Trump says in a video posted by @Acyn on Twitter/x. The news was also reported by Reuters and The Wall Street Journal.
Trump adds that these tariffs will kick in towards “the end of June.”
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