Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Apple is reportedly increased iPhone Production in India when the country is facing a White House pressure over Russian oil purchases.
“We planned to raise tariffs for India,” the Treasury Minister Scott Important On Tuesday, Squawk Box told CNBC. “These are secondary tariffs for the purchase of sanctioned Russian oil.”
The infant accused India of “profit”, acquiring cheap Russian oil and resale during the war of Ukraine, “which is unacceptable.”
Earlier this month president Donald Trump Travel tariffs on India up to 50%. President – Note In July, he will impose secondary tariffs “approximately 100%” for Russian trading partners, unless a peaceful deal is reached by September.
His comments came as Bloomberg reported Apple’s technological giant has been reported to have increased production at five factories in India when it is read to launch new iPhone 17 models.
The extension includes some new plants and factories belonging to the Tata Group and the Foxconn electronics contracts, referring to people who are acquainted with this question. Apple also seeks to create a new iPhone 17e in India next year, the message said.
In recent years, Apple has moved more production to India, because it is supposed to reduce its dependence on China, especially after recent trade tensions.
Data channels in May According to estimates What an iPhone sending from India to the United States increased by 76% in May when trade restrictions emerged.
Meanwhile in Apple is is obliged to invest Over the next four years, more than $ 600 billion in the United States over the next four years to improve US production.
Here comes in 100 billion dollars Expanding this month’s cost, which included $ 2.5 billion to expand Glass Maker Corning iPhone.
This commitment to building in the United States should put an apple in clear tariffs related to India.
