Trump's Targeting Of Apple Isn't Random — Analyst Says It's A Calculated Move For Maximum Political Gain https://www.benzinga.com/markets/25...-a-calculated-move-for-maximum-political-gain Apple Inc. isn't a company usually associated with national security, but it is in the crosshairs of President Donald Trump, now an expert has given his take on the situation. What Happened: On Friday, Ming-Chi Kuo, an analyst at TF Securities, took to X, formerly Twitter, and outlined three key reasons why Trump persistently targets Apple in public. First, he noted, Trump knows that pressuring a global brand like Apple guarantees widespread media attention. "Forcing Apple, the world’s most famous company, and its iconic iPhone to adopt ‘Made in America' policies generates maximum exposure." Second, Apple rarely pushes back publicly, making it a low-risk target. "Apple is reluctant to openly contest Trump's statements or mount significant opposition," Kuo added, stating that it makes it easier for Trump to apply pressure without facing serious backlash. Finally, Kuo explained that Trump benefits regardless of Apple's response. "If Apple moves iPhone assembly back to the U.S., Trump can promote it as a major ‘Made in America’ achievement and key policy win." On the other hand, if Apple negotiates a deal to avoid tariffs, Trump still gains leverage — and he can always reignite pressure later, Kuo stated. Why It's Important: Earlier on Friday, Trump demanded that iPhones sold in the U.S. must be manufactured domestically, or the company could face a 25% tariff. Trump's remarks were a direct response to Apple's expanding footprint in India, where its major supplier, Foxconn, also known as Hon Hai Precision Industry Co. Ltd (HNHAF), is constructing a $1.5 billion display module facility near Chennai, India. Following this, Kuo said that Apple would likely find it more financially viable to absorb a 25% tariff on U.S. iPhone sales than to relocate its iPhone assembly operations back to the U.S. Price Action: Apple shares declined 3.02% during Friday's regular session but edged up 0.30% in after-hours trading, according to Benzinga Pro.
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Guy with record number of bankruptcies tries to bankrupt most profitable US company ever... in the name of patriotism
The Apple tariffs are about Trump being petty. Trump's Apple Beef Isn't Just About India-Made iPhones — It's Also About Skipped Middle East Trip https://www.benzinga.com/25/05/4561...tied-to-the-middle-east-not-just-india-report Apple Inc. (AAPL) CEO Tim Cook has found himself at the receiving end of President Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in India is not the only reason. What Happened: According to The New York Times sources, Tim Cook turned down the Trump administration’s offer to join him alongside other CEOs and founders on a trip to the Middle East. During the trip, the President openly expressed his displeasure with Cook’s absence. Trump took the opportunity to praise other CEOs like Tesla Inc.‘s (TSLA) Elon Musk and Nvidia‘s Jensen Huang, who had joined him on the trip, while also taking jabs at Cook, the report said. Moreover, despite Trump’s warnings, Apple is moving forward with its $1.5 billion expansion in India through its manufacturing partner, Foxconn. This expansion could be a key factor in escalating the ongoing trade tensions between Apple and the Trump administration. Trump’s disapproval peaked with a social media post threatening a 25% tariff on iPhones made outside the U.S.—a move that surprised both Apple executives and members of his own administration. This comes after iPhones manufactured in China had previously been exempted from a 145% tariff. According to Nu Wexler, principal at Four Corners Public Affairs, Cook’s public relationship with Trump has backfired, putting Apple at a disadvantage. Wexler believes that Trump’s new tariffs are a direct response to Apple’s plans to expand its manufacturing in India.