President Trump is not happy with Apple CEO Tim Cook

"I have a little problem with Tim Cook. I told him, 'Tim, you're my friend. I've treated you very well. You're going to bring in $500 billion.' But now I hear he's building factories all over India. I don't want him to do that," Trump said.

President Donald Trump is not happy with Apple's plan to manufacture iPhones in factories in India (Photo: Fortune).

Previously, President Trump imposed reciprocal tariffs on most imported goods into the US. This move is said to be aimed at increasing domestic production, balancing the trade balance and promoting the development of the US.

Apple and many other companies have announced plans to increase production in the US to avoid the impact of reciprocal tariffs. However, building factories will take years to complete, and US labor costs are extremely expensive, so US corporations cannot do this immediately.

President Trump’s comments come after Apple decided to shift production of iPhones sold in the U.S. from China to India. The company said the new tariffs could add $900 million to its costs this quarter.

“The majority of iPhones sold in the US will be manufactured in India,” CEO Tim Cook said during a conference call in early May.

In fact, Apple has been trying to diversify its iPhone manufacturing supply chain to India for years. The company has been building factories and hiring new employees in the country. However, experts say it is difficult for the company to manufacture iPhones in the US because of the complex supply chain.

For years, Apple has been working to diversify its supply chain outside of China (Photo: PhoneArena).

It is clear that the Trump administration wants to bring iPhone production back to the US. However, analysts say this is an ambition that is almost impossible to achieve because the cost is too high.

Dan Ives, director of global technology research at Wedbush Securities, estimates that the price of an iPhone could triple to $3,500 if it were made in the US.

Earlier in February, Apple announced a $500 billion plan to expand its US facilities over the next four years, which is expected to create 20,000 new jobs.

Source: https://dantri.com.vn/cong-nghe/tong-thong-trump-khong-hai-long-voi-ceo-apple-tim-cook-20250516105627334.htm