Apple, iPhone and Trump
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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,
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 is reportedly planning to shake things up with the iPhone 17 lineup. As per leaks, the company could introduce a brand-new model called the iPhone 17 Air. This new model might replace the current Plus variant. Interestingly, there are also rumours that the iPhone 17 Pro Max could be replaced with an Ultra model.
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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.
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.
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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
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Stocktwits on MSNApple Retail Traders Lose Faith As Market-Cap Trails Microsoft, Nvidia Amid 7-Day Losing StreakApple, Inc. (AAPL) stock has declined for seven straight sessions as tariff uncertainty remains an overhang. Even as CEO Tim Cook and his team focused on India as a production base as a workaround for the China tariffs,