Here’s how India tariffs could affect Apple and iPhone prices
Shifting final assembly of Apple products like iPhone from China to India has helped Apple avoid costly tariffs in the United States. But what happens when the US imposes similar tariffs in India to those seen in China? While the risk is present, analyst Gene Munster doesn’t see it as catastrophic for the cost of the iPhone. Munster set the stage this week for the situation as it develops: This morning on Squawk Box, President Trump suggested tariffs on India may be going up soon. He commented