President Donald Trump said iPhones made outside the US would incur a tariff of at least 25%. Apple stock fell in premarket trading.

Trump threatens Apple with 25% tariff on iPhones made outside US and recommends 50% tariff on EU from June This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

President Donald Trump said in a social media post Friday morning that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States. "I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States,