Apple, iPhone and Donald Trump
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In Europe Germany's Dax ended 1.5% lower and France's Cac 40 fell 1.8%.Trump wrote in a Truth Social post on Friday: "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,
The heads of General Motors, Ford and Stellantis met with Trump to outline how his tariffs would disrupt automaking. Trump gave them some reprieves on domestic vehicles with foreign parts not covered by the U.S.-Mexico-Canada trade agreement, but he still has a 25% tax on imported steel and aluminum.