Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US  —  Apple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device …

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