According to Crypto Rover, President Trump has announced that iPhones not manufactured in the United States will be subject to a 25% tariff (source: Crypto Rover on Twitter, May 23, 2025). This policy could increase production costs for Apple, potentially leading to higher consumer prices and affecting Apple's stock performance. A significant drop in Apple stock may trigger broader tech sector volatility, which historically correlates with risk sentiment in the cryptocurrency market. Traders should monitor Apple and major tech stocks for potential spillover effects into crypto assets, especially as macroeconomic uncertainty often drives increased interest in digital assets as alternative investments.

According to The Kobeissi Letter, President Trump declared that any iPhones Apple sells in the US must be manufactured domestically or will incur a tariff of at least 25%. This move could significantly impact Apple’s supply chain and profit margins, causing potential volatility for Apple stock ($AAPL) as traders react to higher production costs and possible price increases. The announcement may also trigger broader market uncertainty, with possible spillover effects into the cryptocurrency market as investors seek alternative assets amid tech sector disruptions (Source: The Kobeissi Letter, May 23, 2025).