Extra 25% import tariff on Indian goods puts Apple in jeopardy ahead of iPhone 17 launch | Infinium-tech
The Trump administration is implementing a new 25% tariff on all imports from India, which brings up to 50% total levy, currently creating for the highest tariff rate on any country. The latest executive order will come into force on August 27, with the argument behind the new levy based on India’s import of Russian oil.
This step will be a major setback for Apple as Cupertino has been converting its iPhone manufacturing into India over the years with a plan to gather all its American iPhones in the country. The time is particularly bad because Apple is expected to start shipping its iPhone 17 series around that time before its announcement in early September.
The estimated 14% of all iPhones is made in India, and the number is expected to reach 25% by the end of this year. Apple is progressing in the establishment of India as its major device manufacturing hub after its supply chain diversification away from Apple China.
In related news, Trump also warned of potential 100% tariffs on all foreign semiconductors imports. Companies investing in manufacturing facilities in the US will be exempted from levy. Manufacturers of semiconductor derived products such as smartphones, tablets and laptops will also be exempted if they are or are in the process of transferring manufacturing in the US.
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