Apple, India and Trump
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Donald Trump's 50% import tax against the European Union is the latest tariff to get delayed, but the impacts the policies overall are still looming for folks like you.
The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL) would foot the bill.
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India Today on MSNWhy Trump is eyeing India's Apple pieApple does not make iPhones in the US, and moving assembly units there would raise the cost of an iPhone by three times
New figures from Canalys, now part of Omdia, show that iPhone imports from China into the US reached 900,000 units in April, marking a 76% year-on-year decrease.
President Trump is pushing Apple to manufacture iPhones in the United States, threatening a 25% tariff on imported products if they continue production in India. Trump expressed his desire for Apple to prioritize domestic manufacturing,
Apple Inc.'s recent pullback is a buying opportunity. Click to explore AAPL stock's valuation, AI roadmap, and why it shows strong long-term upside.
Apple is now exporting more iPhones to the U.S. from India than China for the second month running, a clear sign of shifting production priorities.
Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence from Trump's Middle East trip. Trump publicly acknowledged Nvidia's CEO Jensen Huang's presence while pointedly noting Cook's absence.