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speak easy

(12,595 posts)
Fri May 23, 2025, 02:04 PM May 2025

Trump says Samsung and other smartphone manufacturers will also be subject to 25% Apple tariff [View all]

Speaking to reporters in the Oval Office Friday afternoon, Donald Trump said that he will also target Samsung, which is based in South Korea, and “any other company that makes [ a smartphone?]” with a 25% tariff.

“Or it would not be fair,” he said, adding that the White House will “appropriately have that done by the end of June”.

“When they build their plant here, there’s no tariffs. So they’re going to be building plants here,” he said.

https://www.theguardian.com/business/live/2025/may/23/energy-price-cap-cut-great-britain-retail-sales-stock-markets-bonds-business-live-news

It’s not clear to me whether Krasnov is imposing a 25% tariff on smartphones or something more.
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