Trump’s Stance: “Not Interested in You Building in India” for US Market

Donald Trump’s stance is unequivocal: “We’re not interested in you building in India” for the US market, as he threatens a 25% tariff on iPhones not made domestically. This direct rebuke to Apple’s recent production shifts sent shockwaves through the market, causing a significant dip in Apple’s shares. The former president is clearly prioritizing US-based manufacturing above all else.
Trump elaborated on his conversation with Apple CEO Tim Cook, stating that after years of tolerating Apple’s plants in China, it’s now time to build for the US, within the US. He explicitly dismissed the notion of India serving as a manufacturing hub for American-bound products, emphasizing a firm commitment to domestic production.
The proposed tariff isn’t solely for Apple; Trump made it clear that Samsung and all other phone manufacturers producing devices outside the US would face the same 25% levy. He emphasized that establishing manufacturing facilities within the US would be the path to tariff exemption, thereby encouraging significant investment in American industries. This broadens the scope of his manufacturing mandate.
Nevertheless, financial analysts and manufacturing experts are raising serious concerns about the feasibility and cost of this proposed shift. They highlight the lack of a comparable manufacturing ecosystem and flexible workforce in the US compared to established hubs in China. The staggering estimate of a US-made iPhone costing $3,500 vividly illustrates the significant economic hurdles and potential consumer impact.