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No India tariff deal means Apple will face iPhone import fees eight times higher than before
The decade-long effort to shift U.S. iPhone manufacture out of China to India is going to become more expensive for Apple, just in time for iPhone 17 season.
An audio clip of Trump talking to reporters shared by Aaron Rupar has the President confirming that no deal with India has been finalized, and the rate will be 25%. This will be a considerable increase on the current 10% import tariff applied against the country as of the latest exceptions pending a trade deal. If Apple hadn't shifted where it was supplying U.S. iPhones from to tackle tariff costs, the price rises would be considerably higher again.
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