City
Epaper

Trump holds out 25% tariff threat to Apple if it makes iPhones in India

By ANI | Updated: May 23, 2025 18:32 IST

New Delhi [India], May 23 : US President Donald Trump on Friday again sought to pressurise Apple on its ...

Open in App

New Delhi [India], May 23 : US President Donald Trump on Friday again sought to pressurise Apple on its decision to increase production of its iPhone in India.

Trump said that Apple will have to pay a 25 per cent import tariffs if its mobile handsets sold in US are not produced in the boundaries of the country.

In a social media post on his Truth Social, US President Donald Trump wrote, "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 U.S. Thank your for your attention to this matter," he further added in the post.

Earlier on May 15, while speaking in Doha, Trump said that he had spoken with the Apple CEO Tim Cook and asked him to limit Apple's expansion in India.

Recently, Apple took some steps to expand its iPhone production in India, setting up assembly plants operating in the country. Two of these plants are located in Tamil Nadu, and one is in Karnataka.

For these plants Apple has signed contract with manufacturers, such as Foxconn and Tata Group to set up production units.

In the last fiscal year, Apple produced USD 22 billion worth of iPhones in India in the 12 months through March 2025, which is a huge 60 per cent jump from the prior year.

Apple manufactured approximately 40-45 million iPhones in India in 2024, accounting for 18-20 per cent of its global output. Of this, about 15 million were exported to the US, 13 million to other international markets, and about 12 million were sold in the Indian market.

In January 2025, Apple achieved an 11th consecutive quarterly revenue record in India, with iPhone sales estimated at USD 10 billion in 2024.

India stands as the Apple's fourth-largest market globally in 2024, after the US, China, and Japan.

As reported last month, driven by the escalating trade tensions and high reciprocal tariffs announced by both China and US against each other, in a strategic move Apple decided to transition all production of iPhones destined for the US market to India from China.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalAfter successful Japan visit, all-party delegation arrives in South Korea to showcase zero tolerance policy against terrorism

InternationalTerror organisations used religion to justify killing of people, Islam condemns terrorism: Owaisi

NationalAfter successful Japan visit, all-party delegation arrives in South Korea to showcase zero tolerance policy against terrorism

International"India sent clear message that it was not going to take terror lying down": Tharoor shares India's response to Pahalgam attack

InternationalBaijayant Panda-led delegation interacts with diaspora in Bahrain, highlights India's 'unified and unwavering' stand against terrorism

Business Realted Stories

BusinessNo shortage of funds for agricultural research under PM Modi govt: Shivraj Singh Chouhan

Business"India is at a turning point, takeoff stage where it can grow very rapidly": NITI Aayog CEO after Governing Council meeting

BusinessPM Narendra Modi urges states to develop at least one global-standard tourist destination

BusinessECI convenes National Conference of Counsels and CEOs to strengthen its legal framework

BusinessRising Northeast Investors Summit 2025 attracts investment commitments of 4.3 lakh crore