Apple stock falls premarket after Trump threatens 25% tariff on iPhones made outside the US
An Apple store.
Oriental Image via Reuters Connect
- President Donald Trump said tariffs of at least 25% would apply to iPhones not made in the US.
- Apple stock fell more than 3% in premarket trading on Friday.
- Trump told Apple CEO Tim Cook that iPhones should be made "in the United States, not India, or anyplace else."
Apple dipped premarket on Friday after President Donald Trump said iPhones manufactured outside the US would face a tariff of at least 25%.
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