Apple Would Rather Absorb A 25% iPhone Tariff Than Move Production To The US, Says Analyst: '...No Guarantee They Won't Face Repeated Tariff Threats During His Term'

On Friday, President Donald Trump demanded that Apple Inc. (NASDAQ:AAPL) manufacture iPhones sold in the U.S. domestically, or face a 25% tariff. Now, top Apple analyst Ming-Chi Kuo said that the company is unlikely to move its assembly lines back to the U.S., even under political pressure. What…