Trump’s doubling of India’s tariff rate forces Apple to pivot away from previous plans
Trump is doubling the tariff rate from 25% to 50% on U.S. imports from India due to the country’s purchase of Russian oil. Trump says that India’s purchase of Russian oil is helping the latter finance its war with Ukraine. While Cook has said that most iPhones sold in the U.S. are made in India, other Apple devices sold in the U.S., such as iPads, Apple Watches, and MacBooks, are produced in Vietnam.
Apple CEO Tim Cook attended Trump’s tech summit during the president’s first term. | Image credit-Unknown
Trump is not the first US president asking Apple to move iPhone manufacturing to the United States
Trump responded to Cook’s comment in a Truth Social post that said the president had told Tim Cook that he expects the iPhone to be built in the U.S. “not India or anyplace else.” At the time, the president talked about Apple paying a 25% tariff which is now dwarfed by the 50% tariff imposed on India.
“Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.”
                                                                         -Taylor Rogers, White House spokesman
In a statement, White House spokesperson Taylor Rogers said, “President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses.” Bloomberg analysts believe that Apple’s U.S. footprint will be limited to high-end products, semiconductor engineering, and AI labs. They don’t believe that Apple will build low-end phones and accessories in the U.S.
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