Trump wrote last night (May 23rd evening, Beijing Time): "I told Tim Cook of Apple a long time ago that I expected the iPhones they sell in the United States would be manufactured and produced in the United States instead of India or other places. If this does not happen, Apple must impose at least a 25% tariff on the United States. Thank you for your attention to this matter!"
[Smart Comment]: Even if the tariff increases to 200%, it may still be cheaper for Apple to produce in India than in the United States. Looking back at Trump's past with Apple, during his first term, Trump significantly reduced taxes and required multinational companies like Apple to repatriate their overseas profits to the United States. Although Apple expressed high support, it did not truly implement it. During his second term, Trump had more capital and no longer needed to win over multinational corporations by cutting taxes. This time, as Apple is producing in India, Trump is determined about the tariff policy and will not let it go easily. Although Apple may cause some difficulties for Trump, he still has means, such as anti-monopoly investigations or supporting Musk to make phones, etc.
Original article: https://www.toutiao.com/article/1832951850181636/
Disclaimer: The article only represents the author's personal opinions.