Trump’s 50% tariff on India from Aug 27: Why iPhone prices won’t rise
Despite President Trump’s upcoming 50% tariff on Indian goods, Apple’s iPhone exports from India to the US are expected to remain largely unaffected due to existing exemptions for semiconductor-powered devices. India now supplies a significant 71% of iPhones sold in the US, surpassing China. However, these exemptions are temporary, and future semiconductor levies could potentially impact Apple devices and pricing. Despite President Trump’s upcoming 50% tariff on Indian goods, Apple’s iPhone exports from India to the US are expected to remain largely unaffected due to existing exemptions for semiconductor-powered devices. India now supplies a significant 71% of iPhones sold in the US, surpassing China. However, these exemptions are temporary, and future semiconductor levies could potentially impact Apple devices and pricing.
Search
Recent
- Watch: Pilot rescued in 30 seconds after dramatic plane crash off Oak Island
- ‘Agile & lethal’: ‘Bhairav’ commandos to strengthen Army; first unit being raised
- Israeli airstrike kills Houthi rebel PM Ahmed al-Rahawi in Sanaa
- ‘Support peace & stability’: PM Modi speaks to Zelenskyy, day before Putin meet
- Gmail security alert: Google ‘warns’ 2.5 billion users; How to protect account