Apple reportedly plans to source all iPhones for US from India

Apple is exploring the possibility of relocating the assembly of iPhones sold in the US from China to India, according to a report by ET. This consideration comes amid an escalating trade war between the US and China, which has seen the US impose a staggering 145 percent tariff on Chinese imports, prompting China to respond with 125 percent tariffs on American goods. While these tariffs have significantly impacted the Asian economy, India has faced a much lighter burden with only a 26 percent tariff, which is considerably less than China’s.

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