Trump Targets Apple 📱and EU: "Not India or Anywhere Else"
Tariff Threats Shake Global Markets

In a dramatic twist, former U.S. President Donald Trump has threatened a 25% tariff on iPhones not made in the United States. He also warned of a 50% tariff on EU imports, igniting fresh fears of a global trade war.

Apple's Global Supply Chain in the Crosshairs

Trump, posting on Truth Social, stated:

"I’ve informed Tim Cook that iPhones sold in the U.S. must be made in the U.S.—not India or anywhere else."

The announcement sent shockwaves through markets. Apple shares dropped nearly 4%, while tech stocks across the board tumbled. The S&P 500 and Nasdaq also slid over 1%, and European markets saw losses up to 1.7%.

EU on Edge as Tariff Talks Loom

Trump’s comments follow stalled negotiations with the EU. He accused the bloc of unfair trade practices and signaled that discussions are “going nowhere.” The EU has yet to respond formally, awaiting talks between trade officials.

Europe exported over €500 billion to the U.S. last year, with key sectors like cars, chemicals, and pharmaceuticals now bracing for impact. Luxury automakers such as Porsche and BMW saw shares fall sharply.

Apple’s Dilemma: Speed Up India or Shift to U.S.?

Apple currently manufactures most iPhones in China but is ramping up production in India. The company aims to make a majority of U.S.-sold iPhones there by 2026. However, Trump’s message puts pressure on Apple to bring manufacturing stateside sooner—a move analysts say could take years.

A Renewed Trade War?

Markets had briefly recovered after April’s tariff turmoil, but Trump’s fresh threats wiped out optimism in seconds. Analysts warn this could trigger prolonged uncertainty for global businesses and consumers alike.

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