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1:36Now PlayingPresident Trump is threatening Apple with a 25% tariff if it does not start producing iPhones in the U.S. — his latest salvo directly targeting a U.S. company over how it conducts its business.
According to various estimates from Wall Street analysts, an American-made iPhone could cost as much as $3,500. NBC News' Senior Business Correspondent Christine Romans breaks down Trump's new battle against the tech giant.
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