Apple stock was rising early on Tuesday, recouping some of the losses recorded after President Donald Trump threatened a 25% tariff on foreign-made iPhones.Apple shares were up 1.5% at $198.27 in early trading.

Is now a good time to upgrade your iPhone? Not since the lights nearly went out on TikTok have U.S. consumers been so rattled. That might be an overstatement, but President Donald Trump has shown he has the power to save or cause trouble for companies that don’t adhere to his political agenda — and Apple is no exception.

Trump threatened Apple with 25% tariffs unless the company starts making their iPhones in the United States. His threat came after Apple CEO Tim Cook said the company would continue manufacturing phones in India to avoid expensive prices for Americans.