Trump, Samsung and Apple
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CNET on MSNTariffs Explained: I Have Everything You Need to Know as Trump Spars With Apple, WalmartPrice increases are becoming the norm amid Trump's tariff policies, even as the president clashes with companies like Apple and Walmart.
US President Donald Trump's announced 25% tariff on smartphones manufactured outside the US has once again ruffled the feathers of markets, especially for Apple and Samsung Electronics, which will be caught in its direct crosshairs.
Trump is using tariffs to strong-arm smartphone companies into making phones in the USA. However, this is likely never going to happen.