Apple’s iPhone production shift to India has been hit by a doubling of tariffs, as President Donald Trump hammers the country for buying Russian oil.
Apple’s iPhone production shift to India has been hit by a doubling of tariffs, as President Donald Trump hammers the country for buying Russian oil.
Apple has worked hard to mitigate the effects of tariffs against its supply chain by diversifying away from a China-centric approach. While it has paid off so far for the iPhone maker, an unrelated presidential complaint may still harm the effort.
On Wednesday, President Donald Trump hit India with an additional 25% import tariff. The executive order is on top of the existing 25% tariff on Indian imports into the United States, reports the Financial Times.
