Apple is racing to fly planes of iPhones into the US ahead of Trump’s tariffs

With the full breadth of Trump’s tariffs slated to kick in on Wednesday, Apple is stockpiling iPhone inventory in the United States as quickly as possible. A new report from The Times of India today says that part of Apple’s strategy to limit the impact of these tariffs is to stockpile as much inventory as possible in the United States… According to senior Indian officials cited in the report, Apple flew five planes full of iPhones and other products from India and China “in just three days during the final week of March.” “Factories in India and China and other key locations had been shipping products to the US in anticipation of the higher tariffs,” one source to The Times of India Apple currently assembles the entire iPhone 15 and iPhone 16 lineups in India as well as China. A 10% baseline tariff on all imports into the United States kicked in on Saturday. On April 9, the tariffs that Trump has falsely labeled as “reciprocal” will kick in. This will raise the tariff rate on impor ... Read full article.