Why Apple may choose to stay for ‘Make in India’ iPhones even after Trump’s 25% tariff slap
The Global Trade Research Initiative said on Saturday that even if the US imposesd a 25% tariff on iPhones manufactured in India, production costs would still be significantly lower than making the devices in the United States.The GTRIs’ comments came in the wake of US President Donald Trump’s recent statement threatening to impose a 25%…