President Donald Trump has expressed dissatisfaction with Apple CEO Tim Cook over the company’s decision to shift some iPhone production to India. This move comes despite Apple’s earlier commitment to invest $500 billion in U.S. manufacturing facilities, including an artificial intelligence server production hub. Trump believes this decision undermines his efforts to bring jobs back to the U.S. through tariffs imposed on major trade partners, particularly China.
In a recent statement, Trump emphasized that he had treated Apple favorably, granting tariff exceptions earlier this year. He urged Cook to prioritize building products in the U.S. rather than expanding manufacturing in India. However, Apple has yet to respond officially to Trump’s remarks. While the president mentioned that Apple plans to increase its U.S. production, experts remain skeptical about the feasibility of building iPhones domestically due to supply chain complexities.
This situation highlights the challenges tech companies face in balancing global production strategies with domestic political pressures.
— new from TheStreet