Trump threatens 25% tariff on Apple
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Tras criticar los planes de Apple de fabricar la mayoría de sus iPhones estadounidenses en India, el presidente Donald Trump amenazó el
The US president also reignited a fresh trade war with a threat to impose 50% higher tariffs on imports from the European Union. On 15 May, Trump had asked Apple’s chief executive officer not to manufacture in India.
Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech giant moves production to the United States.
Apple supplier Foxconn will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.
United Statestech giant Apple said this month that India would play a major role in making iPhones for the US market. "A majority of iPhones sold in the US will have India as their country of origin,
6don MSN
Then, in 2016, after years of negotiations, the relationship between Apple and India suddenly thawed. India relaxed its rules for foreign companies, giving the green light for Apple to finally move in with an online store,
The government's think tank, Niti Aayog, has acknowledged India's "limited success" in attracting investment shifting from China. It noted that factors like cheaper labour, simpler tax laws, lower tariffs, and proactive Free Trade Agreements helped countries like Vietnam, Thailand, Cambodia, and Malaysia expand exports - while India lagged behind.
Apple is likely to be the biggest loser if it leaves India to build a manufacturing unit in the US as wanted by US President Donald Trump. The price of an iPhone will increase manifold.