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Apple exempt from Indian tariffs


Apple's iPhone exports from India to America are currently unaffected by President Donald Trump’s new 25% tariffs on the South Asian country…

In April, the Trump administration excluded smartphones, computers, and other electronics from reciprocal tariffs, providing significant relief to companies like Apple and Nvidia Corp., as most of these devices are not manufactured in America. The US tech giant’s expansion has become the poster child for Modi’s flagship ‘Make in India’ drive — the government has constantly used Apple’s growing manufacturing in the country as an example to woo global investors including Tesla Inc. and chipmakers such as Micron Technology Inc. Trump’s moves, including threats of secondary tariffs of up to 100% on countries buying Russian oil, are clear messages to India to curtail these purchases in order to weaken Russia’s economy and war effort, bringing about an end to hostilities in Ukraine.

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