Saturday, July 12, 2025

Creating liberating content

This one’s rarely spoken about but incredibly eye-opening. Some individuals

IIFL Home Finance has secured $100 million (approximately Rs 858

Related News

This one’s rarely spoken about but incredibly eye-opening. Some individuals may have genetic variations in the vitamin D receptor (VDR) gene, which can reduce how effectively vitamin D is used

Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel

India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal

IIFL Home Finance has secured $100 million (approximately Rs 858 crore) in financing from the Asian Infrastructure Investment Bank (AIIB) to expand access to affordable housing loans and promote green

NEW DELHI: The ministry of roads has implemented stricter qualification requirements for bidding on road projects under hybrid annuity model (HAM) and engineering, construction and procurement (EPC) mode. These enhanced

Access Denied You don’t have permission to access ” on this server. Reference #18.2ef63717.1752312606.bfe3fa2 Source link

Trending News

Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel

India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal

IIFL Home Finance has secured $100 million (approximately Rs 858 crore) in financing from the Asian Infrastructure Investment Bank (AIIB) to expand access to affordable housing loans and promote green

NEW DELHI: The ministry of roads has implemented stricter qualification requirements for bidding on road projects under hybrid annuity model (HAM) and engineering, construction and procurement (EPC) mode. These enhanced

Access Denied You don’t have permission to access ” on this server. Reference #18.2ef63717.1752312606.bfe3fa2 Source link

NEW DELHI: Boeing on Saturday said it continues “to support the investigation” into the Air India Flight AI171 crash, shortly after the Aircraft Accident Investigation Bureau (AAIB) released its preliminary

Donald Trump’s fresh blow for Apple’s ‘Make in India’ plans; announces 25% tariff on iPhones made outside US

Word Count: 726 | Estimated Reading Time: 4 minutes


Donald Trump's fresh blow for Apple’s ‘Make in India’ plans; announces 25% tariff on iPhones made outside US

US President Donald Trump issued a fresh warning to Apple on Friday, saying the company should face a 25% tariff if it manufactures iPhones in “India or anyplace else.” Trump asserted that he had already informed Apple CEO Tim Cook that he expects iPhones sold in the US to be made in America.Trump took to his Truth Social platform, directly addressing the Apple CEO claiming that, “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else.”“If that is not the case, a Tariff of at least 25% must be paid by Apple to the US Thank your for your attention to this matter!” he added.

.

The remarks come at a time when Apple is aggressively expanding its manufacturing footprint in India. The company, along with its key suppliers, has been shifting production out of China, a move accelerated by pandemic-related disruptions and ongoing geopolitical tensions between Washington and Beijing.During a previous state visit to Qatar, Trump recounted a conversation with Cook in which he criticised Apple’s increasing investment in India.Trump said, “I had a little problem with Tim Cook yesterday. I said to him, ‘my friend, I treated you very good. You’re coming here with $500 billion, but now I hear you’re building all over India.”“I don’t want you building in India. India can take care of themselves,” Trump reportedly told Cook on May 15.

‘India Can Take Care…’: Trump Scolds Apple’s Tim Cook For Making iPhones In ‘High Tariff’ Nation

Trump was referring to Apple’s earlier pledge to invest $500 billion in the United States, announced in February.During the technology firm’s first-quarter earnings announcement in early May, Cook stated that “a majority of iPhones sold in the US will have India as their country of origin”.Apple has increased its production in India, aiming to manufacture approximately 25% of global iPhones in the country within the next few years, whilst reducing its dependence on China, where about 90% of its flagship smartphones are currently assembled.The company produced roughly $22 billion worth of iPhones in India in the year ending March 2025, showing a 60% rise from the previous year.At present, India manufactures one in five iPhones globally, demonstrating the company’s efforts to distribute production beyond China amidst ongoing trade disputes.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account