
iPhone 17 import tariffs may cost Apple more than expected, as Trump threatens India
Apple's new number one iPhone manufacturing country, India, will face a significant tariff increase, after the Trump administration caught it selling oil to Russia.
President Trump has threatened India with even higher tariffs.
The "reciprocal" tariff policy of the United States under the Trump administration is nothing short of chaotic. So far, it's provoked a surge of pre-tariff iPhone buying, and will cost Apple more than $2 billion in import fees over two quarters.
Now, the ever-changing tariff situation looks as though it will induce additional costs for the iPhone maker.Continue Reading on AppleInsider | Discuss on our Forums