Even if the United States were to impose a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/25-tariff-on-iphones” target=”_blank”>25% tariff on iPhones manufactured in India, the total production cost would still be much lower if compared with manufacturing the devices in the U.S, according to a report by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/global-trade-research-initiative” target=”_blank”>Global Trade Research Initiative (GTRI).
This comes amid a statement by US president Donald Trump, threatening to impose 25% tariffs on iPhones if ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apple” target=”_blank”>Apple decides to make it in India. However, the GTRI report showed that manufacturing in India remains cost-effective, despite such duties.
The report breaks down the current value chain of a…
