In a bold statement, former President Donald Trump called on Apple to rethink its strategy for expanding iPhone production in India. He voiced his worries about the potential impact on American jobs as tech giants increasingly move their manufacturing operations abroad
A recent analysis by CNBC reveals that producing a “Made in the USA” iPhone could raise its price significantly. Estimates suggest costs could jump by over $200 per device, reflecting higher labor and manufacturing expenses domestically.
Apple is poised to increase its iPhone production in India, as reported by the Wall Street Journal. This strategic move aims to mitigate potential tariffs and bolster the company’s supply chain resilience amid global trade tensions.
The recent discussions at the Council on Foreign Relations highlight the intricate relationship between the iPhone’s global supply chain, the IMF’s fiscal policies, and China’s shifting balance of payments, signaling potential implications for international trade dynamics.
