- President Donald Trump has announced a 25% tariff on smartphones not manufactured in the US.
- The move targets companies like Apple and Samsung, urging them to shift production domestically.
- Apple’s CEO Tim Cook has been informed that iPhones made in countries like India will face tariffs.
- Samsung is also under pressure, with potential tariffs affecting devices produced in Vietnam and India.
- These tariffs could significantly increase smartphone prices in the US market.comKorea Times+1Proactiveinvestors NA+1
👉 Why this matters: The tariffs may disrupt global supply chains, leading to higher consumer prices and prompting tech giants to reconsider their manufacturing strategies.
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