Trump’s Tariff Push Puts Apple And Samsung On Edge

Former U.S. President Donald Trump has reignited his tariff campaign, this time targeting smartphones manufactured outside the United States. Apple and Samsung are among the biggest companies facing potential import duties, with Trump proposing a 25 percent tariff on foreign-made devices sold in the U.S.  

 

Key Developments From The Announcement  

 

- Trump has warned Apple CEO Tim Cook that iPhones sold in the U.S. must be manufactured domestically, or they will be subject to the new tariff.  

- The policy extends beyond Apple, with Trump confirming that Samsung and other smartphone makers will also be affected.  

- The tariff is expected to take effect by the end of June, adding uncertainty to the smartphone market ahead of major product launches.  

 

Industry Impact And Market Response  

 

- Apple has been shifting production to India, with Foxconn investing in a $1.5 billion plant to manufacture iPhone displays.  

- Samsung, which produces nearly 60 percent of its global smartphone supply in Vietnam, could face significant cost increases if the tariff is enforced.  

- Analysts warn that moving smartphone production to the U.S. could take years and drive up prices, with estimates suggesting iPhones could cost as much as $3,500 under a fully domestic manufacturing model.  

 

Looking Ahead  

 

- Trump’s push for U.S.-based manufacturing aligns with his broader economic agenda but raises concerns about supply chain disruptions and consumer price hikes.  

- Industry experts are closely watching how Apple and Samsung respond, as both companies weigh their options in light of the proposed tariff.  

 

Sources: The Hans India, MSN, Firstpost, The Hill, Indian Express.