Tariff on China Impacts Apple
Apple CEO Tim Cook announced that most iPhones sold in the US will originate from India by June 2025, with Vietnam supplying iPads, Macs, and AirPods, to mitigate a 145% tariff on China imports.
This shift follows a $900 million cost projection for Q2 2025 due to tariffs.
While China remains key for non-US sales, India’s role grows, though tariff uncertainties persist beyond June.
Apple’s stockpile strategy limits immediate consumer price hikes.
Read More at Moneycontrol
