According to Trump’s tariffs, Apple may buy more iPhones from India.
After rushing to import lots of iPhones from India to the US just before a deal date, Apple might consider importing more of its US supply from China for less in tariffs.
Tim Cook during a prior trip to India. Credit: Apple
Apple’s share prices are continuing to rise as a result of the Trump administration’s taxes affecting virtually every nation in the supply chain. However, studies suggest Apple has taken steps to mitigate the effects of President Trump’s tariffs, so the iPhone maker hasn’t really sit idle.
A statement from Monday made the claim that Apple was stock-piling products from the latest generation in an effort to maintain prices as low as possible. The organization reportedly shipped five planes worth of goods into the United States in the final month of March, which would have taken more than three days. The alleged sources for the goods in issue were China and India.
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