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Apple to pay 25% tariff on imported iPhones: Trump
Business Standard
|May 24, 2025
In a fresh salvo against Apple Inc, US President Donald Trump on Friday told the Cupertino-headquartered company it could face a tariff of 25 per cent if it manufactured iPhones in "India or any place else" for sale in the United States (US).
Trump's message on Truth Social indicated that he's already conveyed it to Apple CEO Tim Cook that all iPhones to be sold in the US must be manufactured there. The development coincides with India's talks with the US for a bilateral trade agreement during the 90-day pause in the 'reciprocal tax' announced by Trump earlier.
The new warning comes soon after Trump's recent visit to West Asia where he publicly recounted his conversation with Cook that he should not "build in India" and that India can take care of itself.
Top government officials in India, while declining comment, indicated that it's up to Apple to take a decision. A source said: "It's a business decision that they have to take. It's their call on whether they would like to absorb the price hike due to increased tariffs."
यह कहानी Business Standard के May 24, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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