Trump expands 25% tariffs on all smartphones made outside of US

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Initially, the president had announced that the duties would only apply to Apple after he called out CEO Tim Cook for sourcing its smartphones from India. It is unusual for a country’s trade policy to target one company, however, Trump later expanded the tariffs to all smartphone makers read more US President Donald Trump has threatened to impose a 25 per cent tariff on Apple and Samsung smartphones built outside the country. The tariff would also apply to other smartphone companies. Initially, the president had announced that the duties would only apply to Apple after he called out CEO Tim...