Apple’s India Exports to Emerge Unscathed From Trump Tariffs, For Now
India has already surpassed China to become the top supplier of Apple Inc.’s iPhone to the US market.
Photographer: Yuki Iwamura/BloombergApple Inc.’s iPhone exports to the US from India will remain untouched by President Donald Trump’s latest 25% tariffs on the South Asian nation, for now.
The Trump administration in April exempted smartphones, computers, and other electronics from reciprocal tariffs, in a major reprieve to companies such as Apple and Nvidia Corp. Most of these electronic devices aren’t made in the US.