WASHINGTON, May 23 -- President Donald Trump on Friday threatened to put a 25% tariff on Apple products unless iPhones are manufactured in the United States.

The threat delivered over social media could dramatically increase the price of iPhones, potentially hurting sales and the profits of one of America's leading technology companies, reports AP.

The company now joins Amazon, Walmart and other major companies as being in the White House's crosshairs as they try to respond to the uncertainty and inflationary pressures unleashed by the import taxes being imposed by Trump.

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