Apple, Trump and iPhone
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Markets will be digesting Trumps new tariff threats, while Dell, Autozone, Macy’s, and more report earnings. Plus, economic data on consumers and home prices.
Apple Inc. faces escalating pressure from President Donald Trump to do what many analysts insist would be nearly impossible: move production of its iconic iPhone to the US from overseas.
Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as other big tech companies have rebounded over the past month.
President Donald Trump threatened to put a 25% tariff on Apple products unless iPhones are manufactured in the United States.