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  • Trump's tariff on India to do little to upset iPhone manufacturing plans

    07/31/2025 7:42:03 AM PDT · by SeekAndFind · 7 replies
    Reuters ^ | 07/31/25 | Munsif Vengattil
    President Donald Trump's 25% tariffs on Indian goods will do little to slow the role of the Asian country as a key hub for manufacturing iPhones, even when it means more expensive smartphones for U.S. consumers, analysts and industry executives said. Apple has realigned its India exports to almost exclusively serve the U.S. market, with nearly all the $3.2 billion-worth iPhones exported by Foxconn from India going to the United States between March and May. It's "too early to say" if recent events or future changes in Trump's stance will alter Apple's manufacturing plans in India, an industry executive familiar...