Trump, Apple and India
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India takes centre stage as an undeterred CEO Tim Cook – despite warnings from President Donald Trump to slap 25 percent import duty in the US on Indian-assembled iPhones – refuses to back down. At least the numbers tell us so.
Apple CEO Tim Cook is contending with a host of serious issues at once, ranging from antitrust fights to souring relationship with President Trump.
Apple continues to make most iPhones in China, but shifting its focus to other places like India, which is subject to lower levies than China. Mr. Trump initially imposed a 26% tariff on India ...
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MiBolsilloColombia on MSNIndia seeks trade talks with Trump, considers high tariffs on agricultural productsIn a global trade landscape marked by tensions, India aims to negotiate with President Trump's administration to avoid planned U.S. tariff hikes.
National Review condemned president Donald Trump on Wednesday for acting like a "king" in an editorial addressing his "ominous threat to Apple." The post National Review Condemns Trump for Acting Like a ‘King’ With ‘Ominous Threat’ first appeared on Mediaite.
The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL) would foot the bill.
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Apple is now exporting more iPhones to the U.S. from India than China for the second month running, a clear sign of shifting production priorities.