(FILES) US President Donald Trump shakes hands with Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019. Apple said on February 24, 2025, it will spend more than $500 billion in the United States over the next four years and hire 20,000 staff, an announcement likely to please President Donald Trump who has pushed US companies to shift manufacturing home. Apple's CEO Tim Cook said: "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our countrys future." (Photo by SAUL LOEB / AFP)
Former U.S. President Donald Trump has publicly criticized Apple CEO Tim Cook over the company’s increasing reliance on India for iPhone production. Trump’s remarks, which include a warning about potential tariffs on iPhones manufactured outside the U.S., have raised concerns among investors about Apple’s future supply chain strategy.
Apple, which has been expanding its manufacturing footprint in India, faces uncertainty as Trump pushes for domestic production. The tech giant’s stock has experienced volatility amid these geopolitical tensions, adding to the challenges posed by competition in the AI sector and global trade policies.
