The Trump administration thinks that Apple Inc. can and should move its global manufacturing infrastructure of the iPhone to the U.S. — but analysts are doubtful the company could consider such an undertaking in the near term.

The Trump administration’s threat of massive new tariffs has sent Apple Inc.’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones.

Amid tariff talks, Apple aims to mitigate these impacts by diversifying its production capabilities beyond China, thereby reducing the financial strain associated with these heightened tariffs, a Wall Street report stated.