Apple VS. The Don

Trade war 2.0 is personal.

😎 Market Vibes

According to a new report from CNN, Trump just escalated the drama by threatening a 25% tariff on Apple if it doesn't start making iPhones in the U.S. We read it so you don't have to - here's the recap:

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🍏 APPLE VS. THE DON: TRADE WAR 2.0 IS PERSONAL

Trump just escalated the drama by threatening a 25% tariff on Apple if it doesn't start making iPhones in the U.S.

At a rally this week, Trump threatened to slap a 25% tariff on every iPhone not built in the U.S. In case you forgot, that's basically every iPhone. The former president called out Apple by name, demanding it relocate its manufacturing stateside or get hit with punishing import taxes.

Why? Because Trump wants to make "economic nationalism" the centerpiece of his 2024 rematch. And nothing screams "America First" louder than forcing the world's most profitable tech company to build iPhones in Peoria.

But here's the problem: Apple's entire supply chain lives in China, India, and Vietnam. Moving it all to the U.S. isn't just expensive - it's borderline impossible. Experts say building a domestic iPhone line would take 5-10 years and could spike costs to a hilarious $3,500 per device. That's not a typo. You'll need to sell a kidney and your soul to buy the next-gen Pro Max.

Investors freaked. AAPL slid nearly 4% in pre-market, tech stocks cratered, and the Nasdaq limped into Friday like it had been jumped in an alley. Even gold caught a bid - because when politicians play chicken with trillion-dollar companies, safe havens look mighty attractive.

And the kicker? Apple's been trying to diversify its manufacturing for years. But this kind of forced reshoring, driven by campaign politics, throws that careful pivot straight into the shredder.

So yeah - the trade war is back. And this time, it's personal. Buckle up.

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