Trump threatens 25% tariff on Apple
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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.
It would take several years and cost billions of dollars to build new plants in the United States to manufacture iPhones in the United States. If that happens, prices could skyrocket.
The comeback appeared in jeopardy after Apple initially refused to approve Fortnite’s bid before Apple relented this week, clearing the app for U.S. users. It’s also back in the European Union, where alternative app marketplaces have been mandated since last year.
Apple has several exciting products in the works. However, some of them are delayed because the company is having issue with AI.
The 11th Gen iPad runs the current iPadOS, with several of Apple’s best apps built in and access to over 1 million more at the App Store. Games, reading apps, artistry and photo editing, podcasts, and high-end productivity are always just a click away with the 11th Gen iPad, which makes the sub-$300 price even more amazing.
The purchase — the largest in OpenAI’s history — will provide the company with a dedicated unit for developing AI-powered devices.
Apple was already facing pressure ahead of WWDC 25. After OpenAI's announcement, the company needs to worry even more.