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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
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After Apple, Samsung Faces 25% Trump Tariff Threat. There Could Be More
President Donald Trump said that the tariffs he threatened against Apple Inc earlier Friday would also be aimed at a wider range of device makers, including Samsung Electronics Co, to spur them into moving manufacturing of their products to the US.
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Trump Wants Apple To Make iPhones In US. Experts On Challenges He Faces
Donald Trump has threatened to impose a 25% tariff on Apple for any iPhones sold, but not made, in the US.
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Trump Threatens 25 Percent Tariffs on Apple If iPhones Not Made in US
US President Donald Trump has threatened Apple with a minimum 25 percent tariff on iPhones if production isn't moved to the US. This escalates pressure on the tech giant, whose extensive iPhone supply chains have long been concentrated in China. Trump's demand highlights a significant challenge for Apple to onshore manufacturing for its popular dev...
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Trump Warns Of 25% Tariff On Apple If iPhones Not Made In US
US President Donald Trump threatened once again on Friday to intensify his trade war, recommending a 50% tariff on European Union goods starting June 1, and warning Apple he may impose a 25% tariff on any iPhones manufactured outside the US.
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Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
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US President Donald Trump Asks Apple to Stop Moving iPhone Production to India
US President Donald Trump has asked Apple CEO Tim Cook to stop building plants in India to make iPhones for the US. Trump’s comments threaten to throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolit...
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Donald Trump's Big "No Tariffs" Claim, And A Sharp Response By S Jaishankar
A day before trade minister Piyush Goyal and a delegation of top negotiators are to arrive in Washington for talks on the proposed India-US trade deal, Donald Trump has let the cat out of the bag by making a huge claim.
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"Don't Want You Building In India": Donald Trump To Apple CEO Tim Cook
US President Donald Trump has told Apple CEO Tim Cook that he does not want him "building in India" and that "India can take care of themselves".
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Apple May Hike New iPhone Prices But Refrain From Blaming Tariffs: Report
Apple is considering linking the price hikes to other developments, which might include new features and designs.
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Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
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Apple Renews Fears About Tariffs, China With Wobbly Report
Apple's much-awaited quarterly earnings report failed to soothe investor concerns. The iPhone maker warned in the Thursday statement that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the world’s most valuable business.Â
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Apple to Source Billions of US-Made Chips in Supply Chain Shift
Apple to source more than 19 billion chips from the US this year. Company CEO Tim Cook affirmed expectations that Apple will in future make the vast majority of its US-bound iPhones in India — reducing output from China as the Donald Trump administration threatens to slap punitive tariffs on its Asian rival.
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Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
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Apple Expects $900 Million Tariff Hit As It Shifts US iPhone Supply To India
Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said.
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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
-
After Apple, Samsung Faces 25% Trump Tariff Threat. There Could Be More
President Donald Trump said that the tariffs he threatened against Apple Inc earlier Friday would also be aimed at a wider range of device makers, including Samsung Electronics Co, to spur them into moving manufacturing of their products to the US.
-
Trump Wants Apple To Make iPhones In US. Experts On Challenges He Faces
Donald Trump has threatened to impose a 25% tariff on Apple for any iPhones sold, but not made, in the US.
-
Trump Threatens 25 Percent Tariffs on Apple If iPhones Not Made in US
US President Donald Trump has threatened Apple with a minimum 25 percent tariff on iPhones if production isn't moved to the US. This escalates pressure on the tech giant, whose extensive iPhone supply chains have long been concentrated in China. Trump's demand highlights a significant challenge for Apple to onshore manufacturing for its popular dev...
-
Trump Warns Of 25% Tariff On Apple If iPhones Not Made In US
US President Donald Trump threatened once again on Friday to intensify his trade war, recommending a 50% tariff on European Union goods starting June 1, and warning Apple he may impose a 25% tariff on any iPhones manufactured outside the US.
-
Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
-
US President Donald Trump Asks Apple to Stop Moving iPhone Production to India
US President Donald Trump has asked Apple CEO Tim Cook to stop building plants in India to make iPhones for the US. Trump’s comments threaten to throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolit...
-
Donald Trump's Big "No Tariffs" Claim, And A Sharp Response By S Jaishankar
A day before trade minister Piyush Goyal and a delegation of top negotiators are to arrive in Washington for talks on the proposed India-US trade deal, Donald Trump has let the cat out of the bag by making a huge claim.
-
"Don't Want You Building In India": Donald Trump To Apple CEO Tim Cook
US President Donald Trump has told Apple CEO Tim Cook that he does not want him "building in India" and that "India can take care of themselves".
-
Apple May Hike New iPhone Prices But Refrain From Blaming Tariffs: Report
Apple is considering linking the price hikes to other developments, which might include new features and designs.
-
Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
-
Apple Renews Fears About Tariffs, China With Wobbly Report
Apple's much-awaited quarterly earnings report failed to soothe investor concerns. The iPhone maker warned in the Thursday statement that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the world’s most valuable business.Â
-
Apple to Source Billions of US-Made Chips in Supply Chain Shift
Apple to source more than 19 billion chips from the US this year. Company CEO Tim Cook affirmed expectations that Apple will in future make the vast majority of its US-bound iPhones in India — reducing output from China as the Donald Trump administration threatens to slap punitive tariffs on its Asian rival.
-
Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
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Apple Expects $900 Million Tariff Hit As It Shifts US iPhone Supply To India
Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said.
