Trump reiterates 25% tariff threat on Apple iPhones
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India is emerging after a brief conflict with Pakistan, with a ceasefire thankfully appearing to hold for now. This is welcome news for the business community and the public at large, many of whom too young to remember the adverse economic impact from previous conflicts.
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President Trump's proposed 25% import tariff on iPhones made in India is unlikely to sway Apple's manufacturing decisions. The cost of producing iPhones in India remains significantly lower than in the US,
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Newspoint on MSNIt is ok to go to India to build its plants, but Apple is not going to sell in US without tariffs: President TrumpI have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else.
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ABP - Live on MSNApple expanding India manufacturing shows global confidence in country: Rajeev ChandrasekharApple's decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in the country's manufacturing ecosystem, BJP's Kerala unit President and former Union Minister Rajeev Chandrasekhar,
United States President Donald Trump has said, “It is okay for Apple to go to India to build its plants, but then the tech company will not be able to sell its products in America without tariffs." Trump's remarks came as he signed multiple executive orders in the Oval Office.
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But now, President Donald Trump, in his effort to return manufacturing to the U.S. by hiking tariffs, is trying to break up the happy couple. Annoyed by Apple shifting some of its production from China to India, rather than to the U.S., he said on Thursday that he had scolded Apple CEO Tim Cook about it.
The US president also reignited a fresh trade war with a threat to impose 50% higher tariffs on imports from the European Union. On 15 May, Trump had asked Apple’s chief executive officer not to manufacture in India.
Tras criticar los planes de Apple de fabricar la mayoría de sus iPhones estadounidenses en India, el presidente Donald Trump amenazó el