Valuetainment "$3,500 iPhones" - Trump SLAMS Tim Cook For Apple's Overseas Production In Tariff STAND OFF
May 28, 2025
Tensions mount as President Trump demands Apple shift manufacturing to the U.S., threatening tariffs that could drive iPhone prices sky-high. The discussion dives into the challenges of bringing jobs back home and the economic implications of skyrocketing costs, potentially reaching $3,500 per phone. Insights into money market accounts amid market volatility reveal a staggering $7.2 trillion investment landscape. Market trends influenced by tariffs and shifting behaviors also make for a thought-provoking analysis.
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Trump's Tariff Threat to Apple
- Trump demands Apple to manufacture iPhones in the U.S. or face a 25% tariff.
- He supports shifting production out of China but insists benefits return to the U.S.
Balancing Onshoring and Costs
- Trump seeks a balanced approach to onshoring Apple manufacturing without crushing consumer prices.
- He aims for a practical portion of production to shift to the U.S., not necessarily 100%.
Prepare for Pricier iPhones
- Prepare for iPhones to become more expensive due to tariffs and reshoring.
- Americans must accept paying a premium to support domestic manufacturing and jobs.