Trump reiterates 25% tariff threat on Apple iPhones
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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,
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.
Apple shares dropped on Friday after US President Donald Trump threatened a 25% tariff on the tech giant’s products unless it moves iPhone manufacturing from countries like India to the United States.
Apple supplier Foxconn will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.
18hon MSN
In a post on the social media platform X, the former Union minister of state for electronics and IT said that forward-thinking policies like the PLI scheme and sustained efforts by the Indian government are making this possible.
Tras criticar los planes de Apple de fabricar la mayoría de sus iPhones estadounidenses en India, el presidente Donald Trump amenazó el