Apple, Trump and India
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The data from Canalys, now part of Omdia, showed that U.S. iPhones shipped from India in April rose about 76% to reach 3,000,000. That's a stark contrast to shipments from China over the same period,
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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
The move to India is angering both Beijing, which wants the iPhone maker to maintain its manufacturing in China, and President Trump, who has continued to pressure Apple to move all of its
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.
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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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.