Apple and India have invested years and billions of dollars in teaming up against China. India sees it as a strength. To President Trump, it looks like leverage.

President Donald Trump has been increasing direct attacks against U.S. companies whose policies he views as opposing his tariff plans.

Apple shares were dropping on Friday after President Donald Trump threatened a 25% tariff on its iPhones sold in the U.S. unless they are made stateside.“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States,