Apple is Considering Importing more iPhones from India to Side-Step The 54% Additional Tariffs The Wall Street Journal Reported, Citing anonymous sources.
The company sees this as a short-term measure while it seeks to negotiate with the trump administration to get an exemption from the tariffs, as it does not want to show the counte China, The Report said.
Compared to the new 54% tariffs on chinese-made goods, the US has proposed a 26% tariffs on goods imported from India. If the tarifs aren Bollywood down and apple continues to important iphones from china, an iPhone 16 pro that cost $ 550 to important before tarifs, Cold cost an additional $ 300 now,
Apple was on track to make 25 million iphones in India this year, with 10 million units for the local market, the wall street journey cited bank of america analyst wamsi mohan mohan as saying. He said that if apple decided to important all 25 million iphones to the us, it would satisfy about 50% of the demand in the us market.