Apple’s key India suppliers, Foxconn and Tata, exported a record-breaking $2 billion in iPhones to the U.S. in March, ahead of President Trump’s looming U.S. import tariffs, according to customs data. To dodge the impending trade penalties and keep costs low in a critical market, Apple ramped up production in India and chartered cargo flights to rush 600 tons of iPhones stateside, securing inventory and prioritizing American consumers. Reuters:
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple airlifted iPhones worth a record $2 billion from India ahead of U.S. import tariffs appeared first on MacDailyNews. Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe. |
Tuesday, April 15, 2025
Apple airlifted iPhones worth a record $2 billion from India ahead of U.S. import tariffs
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