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  • 7 weeks ago
Speaking to reporters in the Oval Office, President Trump was asked about his tariffs on India.
Transcript
00:00Mr. President, if you do reach a deal with Ukraine and Russia, would you drop the additional tariffs on India?
00:06Well, we'll determine that later, but right now they're paying a 50% tariff.
00:12One for Mr. Cook as well.
00:14Yeah, please. Sure.
00:16The President wants a made-in-the-USA iPhone. What are the chances that you can actually make that happen?
00:23Well, if you look at the bulk of it, we're doing a lot of the semiconductors here.
00:27We're doing the glass here. We're doing the face ID modules here.
00:32So there's a ton of it, and we're doing these for products sold elsewhere in the world.
00:38And so there's a lot of content in there from the United States.
00:41But what about the whole thing?
00:42We're very proud of it.
00:43Can you make the whole thing?
00:45The whole thing is just the final assembly that you're focused on, and that will be elsewhere for a while.
00:52He makes many of the components here, and we've been talking about it.
00:57And the whole thing is set up at other places, and it's been there for a long time, so in terms of cost and all.
01:03But I think we may incentivize him enough that one day he'll be bringing that.
01:08But he brings most of the stuff.
01:10Look, he's not making this kind of an investment anywhere in the world, not even close.
01:14He's coming back.
01:15I mean, Apple's coming back to America.
01:18Mr. President, Mr. President, Indian officials have said that there are other countries that are buying Russian oil.
01:27It's okay.
01:28Like China, for instance, buys more.
01:30Why are you singling India out for these additional sanctions?
01:33It's only been eight hours.
01:35So let's see what happens over the next...
01:37We're going to see more secondary sanctions.
01:39Yeah, yeah, you're going to see a lot more.
01:40So this is a taste of...
01:41You're going to see a lot more.
01:42You're going to see so much secondary sanctions.
01:45Yes, ma'am.
01:45Sorry.
01:46You were the driving force.
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