Trump threatens Apple, EU with tariffs
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It would take several years and cost billions of dollars to build new plants in the United States to manufacture iPhones in the United States. If that happens, prices could skyrocket.
Apple has faced falling market share and declining sales amid tougher competition from local rivals like Xiaomi and Huawei.
Apple has temporarily increased its iPhone trade-in values in select countries, including the U.S., Canada, Australia, France, Germany, Italy,
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