Apple, Trump and Samsung
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TheStreet on MSNDonald Trump threatens Apple, Samsung with 25% tariffsThe President says he will implement the tariffs if phones are made outside of the U.S.
US President Donald Trump's announced 25% tariff on smartphones manufactured outside the US has once again ruffled the feathers of markets, especially for Apple and Samsung Electronics, which will be caught in its direct crosshairs.
Trump is using tariffs to strong-arm smartphone companies into making phones in the USA. However, this is likely never going to happen.