BUZZ-Apple falls after Trump says 25% tariffs on iPhones not made in US

Reuters05-23

** Shares of iPhone maker Apple AAPL.O fall 3.6% to $194.92 premarket

** Apple must pay 25% tariffs if phones sold in U.S. are not made in the country, President Donald Trump says in a post on his social media platform Truth Social

** Apple is positioning India as an alternative manufacturing base amid tariffs on China, which have raised supply chain concerns and fears of higher iPhone prices, Reuters reported last month

** Analysts' average rating on the stock is "buy"; their PT is $235.0 - LSEG

** AAPL down ~19.5% YTD

(Reporting by Arsheeya Bajwa in Bengaluru)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))

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