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Trump demands U.S.-based iPhone manufacturing, threatening a 25% tariff. Apple shares fall nearly 4% amid production relocation fears. Broader market sentiment weighed down by Trump's tariff threats.
Apple has been assembling smartphones in India through contract manufacturers - Hon Hai Precision (Foxconn), Tata Electronics (formerly Wistron) and Pegatron, since 2017. Apple started assembling ...
Trump slammed Apple CEO Tim Cook for manufacturing and assembling iPhones in India, asserting that he will impose 25 per cent tariffs on the company if the phones sold in the US are not produced local ...
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ABP News on MSNApple’s India Expansion Signals Global Confidence: Rajeev ChandrasekharApple’s decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in the ...
Despite potential tariffs, Apple is increasing its iPhone production in India due to significantly lower labor costs compared ...
Foxconn’s announcement marks the latest in a series of major bets on India, where Apple now produces over half the iPhones it ...
Apple supply chain analyst Ming-Chi Kuo on Friday commented that Apple should take the hit of a 25% tariff on U.S.-sold ...
US President Donald Trump reignited trade tensions on Friday, threatening a 50% tariff on all goods sent to the United States ...
Apple supply chain analyst Ming-Chi Kuo on Friday said Apple would be better off financially by simply absorbing a threatened ...
The president threatened both Apple and the European Union with higher tariffs on Friday, saying trade talks with the ...
"I expect iPhones that will be sold in the United States of America will be manufactured and built in the U.S." ...
Trump detailed the potential duties in two Truth Social posts published today. Apple and EU companies could face tariffs of ...
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