India, Trump and Apple
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India takes centre stage as an undeterred CEO Tim Cook – despite warnings from President Donald Trump to slap 25 percent import duty in the US on Indian-assembled iPhones – refuses to back down. At least the numbers tell us so.
President Donald Trump seems quite not-so-happy with Apple's decision to make in India. The US President Donald Trump announced that Apple can build factories in India but will face a 25% tariff on products sold in the US if manufactured overseas.
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MiBolsilloColombia on MSNIndia seeks trade talks with Trump, considers high tariffs on agricultural productsIn a global trade landscape marked by tensions, India aims to negotiate with President Trump's administration to avoid planned U.S. tariff hikes.
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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
Apple continues to make most iPhones in China, but shifting its focus to other places like India, which is subject to lower levies than China. Mr. Trump initially imposed a 26% tariff on India ...
National Review condemned president Donald Trump on Wednesday for acting like a "king" in an editorial addressing his "ominous threat to Apple." The post National Review Condemns Trump for Acting Like a ‘King’ With ‘Ominous Threat’ first appeared on Mediaite.
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,
The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL) would foot the bill.