• 2025.12.08 (Mon)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
MENU
 
Home > Business

Trump Threatens Broad Tariffs on Foreign-Made Smartphones, Including Samsung

Eunsil Ju Reporter / Updated : 2025-05-24 13:55:29
  • -
  • +
  • Print

WASHINGTON D.C. - In a significant escalation of his "America First" trade agenda, U.S. President Donald Trump announced on Friday, May 23, 2025, that his administration intends to impose a minimum 25% tariff on all smartphones imported into the United States, irrespective of the brand. This sweeping declaration, initially aimed at Apple's overseas iPhone production, now explicitly includes other global tech giants like Samsung.

Speaking from the Oval Office, President Trump clarified his stance following inquiries from reporters about whether the tariff would solely target Apple. "There will be more," he stated, explicitly naming Samsung and other companies manufacturing their products abroad as potential targets. "Otherwise, it's unfair," he added, signaling a broader application of his protectionist policies.

The President indicated that these tariffs could be implemented as early as the end of June. His primary objective, he reiterated, is to incentivize companies to establish manufacturing facilities within the United States. "If they build their factories here, there are no tariffs," Trump asserted.

He further elaborated on his earlier discussions with Apple CEO Tim Cook regarding the company's plans to shift iPhone production to India. Trump stressed that while he had "no problem" with Apple manufacturing in India, those products would not be sold in the U.S. without incurring significant tariffs. When questioned on the feasibility of Apple producing phones in the U.S. at an affordable price for consumers, Trump responded definitively, "They can do it. A lot of things are done by computer now."

Earlier that day, President Trump had taken to social media, stating, "I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S."

The proposed tariffs extend beyond finished goods. Scott Bessent, the Treasury Secretary responsible for tariff negotiations, highlighted the vulnerability of overseas production, particularly in the semiconductor industry. "I think our biggest vulnerability is overseas production, especially overseas production of semiconductors," Bessent told reporters in an interview. "A large part of what goes into Apple is semiconductors, so we hope to help Apple make their semiconductor supply chain more secure." This aligns with the Trump administration's earlier announcement of sector-specific tariffs on semiconductors, with the Commerce Department having already initiated an investigation under Section 232 of the Trade Expansion Act to assess the national security implications of imported semiconductors and related products.

In a separate but related development, President Trump also reiterated his threat to impose a 50% tariff on the European Union (EU) starting June 1. He accused the EU of exploiting the United States in trade relations, declaring, "It's time to play the game the way I know how to play the game." When pressed on whether he sought negotiations within the 90-day tariff exemption period, Trump remained firm: "I'm not looking for a deal. We've set the deal. It's 50%." He again offered the incentive of no tariffs if EU companies build factories in the U.S. While acknowledging he would "see what happens," he insisted that the tariffs would proceed as planned on June 1. Despite this firm stance, Trump expressed confidence that the EU "very much wants to negotiate," though he criticized their current approach.

Beyond trade, President Trump also touched upon the controversial topic of foreign student admissions. When asked if the administration was considering measures to prevent other universities, besides Harvard, from admitting foreign students, he responded, "We are looking at a lot of things," adding that "Harvard has to change the way it operates." This statement comes amidst ongoing debates about immigration policies and their impact on higher education.

The President's latest pronouncements underscore his administration's unwavering commitment to reshaping global trade dynamics, prioritizing domestic production, and leveraging tariffs as a key tool in his economic arsenal. The coming weeks are expected to reveal the full extent of these measures and their ripple effects across the global economy.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #newsk
  • #UN
  • #UNESCO
  • #nammidongane
Eunsil Ju Reporter
Eunsil Ju Reporter

Popular articles

  • Apple Poised to Overtake Samsung as World’s Largest Smartphone Maker After 14 Years, Driven by iPhone 17 Success

  • Democrats Hold Double-Digit Lead over Republicans as Trump’s Approval Hits New Low

  • Massive Container Ship Fire Hits Port of LA, Disrupting Operations

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065588890288824 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • JAPAN’S RISING PREDICAMENT: RECORD BEAR ATTACKS STRIKE FEAR ACROSS NATION
  • Trump NSS Declares Europe Faces 'Civilizational Erasure,' Vows to Aid Anti-Immigration Right-Wing Parties
  • Meta's Strategic U-Turn: The AI Race Re-Elevates Real-Time News
  • Gapyeong's Petit France and Italian Village Illuminate Winter with 'Starlight Festival'
  • Grand Opening: Gwangju Museum's Ceramics Culture Center Offers Comprehensive Look at Ceramic History
  • Choi Bun-do, Chairman of PTV Group, Assumes Presidency of the Korean Chamber of Commerce and Industry in South Central Vietnam

Most Viewed

1
Korean War Ally, Reborn as an 'Economic Alliance' Across 70 Years: Chuncheon's 'Path of Reciprocity,' a Strategic
2
A Garden Where the City's Rhythm Stops: Dongdaemun's 'Cherry Garden', Cooking Consideration and Diversity
3
The Sudden Halt of Ayumi Hamasaki's Shanghai Concert: Unpacking the Rising Sino-Japanese Tensions
4
Farewell to a Legend: South Korea Mourns the Passing of Esteemed Actor Lee Soon-jae
5
Poll Reveals Mixed Japanese Reaction to PM Takaichi’s Taiwan Intervention Remarks
광고문의
임시1
임시3
임시2

Hot Issue

EU Unveils €90 Billion Ukraine Aid Plan Backed by Frozen Russian Assets

Seoul's 'Insane Rent' Warning: Why $30,000 Monthly Rent is a Looming Threat Residential Crisis Deepens as Tourist Housing Conversion Hits Supply

Seo Min-kyu Wins Gold at Junior Grand Prix Final... First Korean Since Kim Yuna 20 Years Ago

2026 Overseas Koreans Agency Budget Confirmed at 112.7 Billion Won... 5.3% Increase Year-on-Year

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column 
    • 전체
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers