RT.com
08 Apr 2025, 17:50 GMT+10
The company moved five planes full of its products from the South Asian country over a three day-span before Trumps tariffs took effect
Apple transported five planeloads of iPhones and other devices from India to the US within a three-day period in late March, according to a report by the Times of India, quoting unnamed senior officials.
The move was reportedly made to evade a new 10% reciprocal tariff introduced by US President Donald Trump, which came into effect on April 5.
The company's factories in India, China, and other key locations have shipped their products to the US in anticipation of higher tariffs, a source was quoted as saying in the report. The existing stock, which was imported at lower rates, will protect the company from higher costs for a while, until new shipments are made under the new tariffs, a source told the paper.
Although production has been partly shifted to Vietnam and India, the majority of iPhones are still manufactured in China. However, these countries are now facing tariffs as well, with Vietnam and India being hit with tariffs of 46% and 26%, respectively.
Chinese products currently face a 34% import tax in the US. Apple is analyzing how different tariff structures across manufacturing locations will affect its supply chain, according to market watchers. Apple sells more than 220 million iPhones a year; its biggest markets include the US, China, and Europe, according to market data.
The cheapest iPhone 16 model was launched in the US at $799. This could now rise by 43% to $1,142 if Apple passes on the burden to consumers,Reuterssaid, citing calculations based on projections from analysts at Rosenblatt Securities.
Apple currently does not plan to increase retail prices anywhere in the world, the Times of India added. Earlier today, a Wall Street Journal report said Apple is ramping up efforts to export more iPhones from India to the US in an attempt to mitigate the effects of the high tariffs on Chinese products imposed by Trump.
(RT.com)
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