Apple is considering importing more iPhones from India to the next position, which is an additional 54% tariff announced by U.S. President Donald Trump last week, Wall Street Journal The report said anonymous information was cited.
The report said the company would be a short-term measure, and it tried to negotiate with the Trump administration to exempt tariffs because it has not yet wanted to revamp its supply chain built around China.
The U.S. has proposed a 26% tariff on goods imported from India compared to the new 54% tariff on Chinese-made goods. If tariffs don’t lower and Apple continues to import iPhones from China, iPhone 16 Pro, fee Import $550 before the tariffs, and it may cost an additional $300 now.
The Wall Street Journal quoted Bank of America analyst Wamsi Mohan as saying that Apple is expected to make 25 million iPhones in India this year. He said that if Apple decides to import all 25 million iPhones into the U.S., it will meet about 50% of the U.S. market demand.