Apple has had few incentives in the past to start making iPhones in US

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Lashing out at Apple’s plans to make most of its US iPhones in India, President Donald Trump on Friday threatened to slap a 25% tariff on the popular device unless the tech giant starts building the product in its home country – a move that still seems unlikely to happen any time soon, if ever. In response to Trump’s tussle with China, Apple CEO Tim Cook said earlier this month that most iPhones sold in the US during the March-June period would come from India. Although Trump in late April decided to temporarily exempt the iPhone and other…



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Apple has had few incentives in the past to start making iPhones in US


Lashing out at Apple’s plans to make most of its US iPhones in India, President Donald Trump on Friday threatened to slap a 25% tariff on the popular device unless the tech giant starts building the product in its home country – a move that still seems unlikely to happen any time soon, if ever. In response to Trump’s tussle with China, Apple CEO Tim Cook said earlier this month that most iPhones sold in the US during the March-June period would come from India. Although Trump in late April decided to temporarily exempt the iPhone and other…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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