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Apple falls nearly 4% premarket after Trump threatens tariffs on Apple: Tariff of at least 25% if IPhones not made in US.
Trump on Truth Social: I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a tariff of at least 25% must be paid by Apple to the U.S..
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