USA-TRUMP/TARIFFS-APPLE (WRAPUP 7, PIX, GRAPHIC):WRAPUP 7-Trump threatens new tariffs on European Union, Apple, reigniting trade fears
5 min read01:59 AM ISTUS President Donald Trump threatened Apple Inc. with a tariff of at least 25% if it does not manufacture its iPhones in the US, ramping up pressure on the tech giant to secure more domestic production.
1 min read23 May 2025Deepak Shenoy emphasises the importance of local manufacturing. He supports Trump's call for Apple to prioritise iPhone's US production over India, suggesting that India should encourage local manufacturing to boost the economy and create jobs.
2 min read16 May 2025Plans to use India as a hub for making more iPhones to supply the US market are on track, as per the company’s current strategy
2 min read15 May 2025The company wants to avoid appearing to attribute price increases to U.S. tariffs on goods from China, where most Apple devices are assembled.
3 min read12 May 2025India is emerging as the major exporter of iPhones being sold in the US, says Tim Cook while maintaining that China continues to be the primary supplier for Apple
4 min read2 May 2025Reaching a target of 50 million iPhones made in India by 2028 would need Apple to significantly increase production from 20 million units per year as of 2024; Tata Electronics is expected to contribute the most to this capacity increase from Apple.
4 min read26 Apr 2025After China, India is Apple’s biggest assembly destination, and by 2028, Apple is expected to make one in every five iPhones here.
2 min read14 Apr 2025Driven by Apple's plan to ramp up iPhone production and incentives for the sector, India could see a strong run in the global electronics supply chain in the next five years. But Donald Trump's tariff volatility will always remain a threat.
4 min read10 Apr 2025US-based Globalstar's emergency SOS service allows iPhone users to send emergency text messages and share locations when they are off the grid in areas with no cellular or Wi-Fi coverage
3 min read9 Apr 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared