• Contact Us
  • Advertise
  • About Us
  • E-Paper
Truth Prevail
  • Home
  • World
  • State
  • National
  • Business
  • Sports
  • Entertainment
  • Videos
  • E-Paper
No Result
View All Result
  • Home
  • World
  • State
  • National
  • Business
  • Sports
  • Entertainment
  • Videos
  • E-Paper
No Result
View All Result
Truth Prevail
No Result
View All Result
Home Business

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

Truthprevail by Truthprevail
May 23, 2025
in Business
0
Trump holds out 25% tariff threat to Apple if it makes iPhones in India

US President Donald Trump (File)

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

New Delhi, May 23, 2025 : 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.
Previous Post

Won’t be hard for India to deal with effects of US tariffs: Moody’s

Next Post

Chandrababu Naidu seeks Centre’s support for Rs 80,112 cr Polavaram-Banakacherla link project to tackle drought in Andhra

Truthprevail

Truthprevail

Next Post
Chandrababu Naidu seeks Centre’s support for Rs 80,112 cr Polavaram-Banakacherla link project to tackle drought in Andhra

Chandrababu Naidu seeks Centre's support for Rs 80,112 cr Polavaram-Banakacherla link project to tackle drought in Andhra

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 86.2k Followers
  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
India ranked in the ‘serious’ category in the Global Hunger Index 2024

India ranked in the ‘serious’ category in the Global Hunger Index 2024

October 12, 2024
Recent Snowfall: Students and Teachers in Gurz are facing hardships due to cold:Mir Bashir Ahmad

Recent Snowfall: Students and Teachers in Gurz are facing hardships due to cold:Mir Bashir Ahmad

November 8, 2022
“We need to aim higher”: boAt Co-founder Aman Gupta backs Piyush Goyal’s remark on Indian startups

“We need to aim higher”: boAt Co-founder Aman Gupta backs Piyush Goyal’s remark on Indian startups

April 6, 2025
Unit GDC Sumbal in collaboration with Municipal Committee Sumbal organized Mega Swatchhata Drive

Unit GDC Sumbal in collaboration with Municipal Committee Sumbal organized Mega Swatchhata Drive

October 22, 2022

President Shat Darshan Sadhu Samaj ,Dutt Giri Ji Maharaj Holds Press Conference

0

INDIAN ARMY SAVES TWO YEAR OLD GIRL BATTLING FOR LIFE IN ISOLATED

0

Sarmad felicitates Dogri artists; Advocates giving platform to school, college youth

0
Omar Abdullah meets scores of individual, women’s wing delegations at Nawa-e-Subha

Omar Abdullah meets scores of individual, women’s wing delegations at Nawa-e-Subha

0
Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

July 1, 2025
Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

July 1, 2025
DDC Member Booked by ACB for Demanding ₹5 Lakh Bribe for School NOCs

ACB Uncovers Irregularities in J&K Fire & Emergency Services Recruitment

July 1, 2025
3 persons including 2 Navy personnel held for extorting money from Agniveer aspirants

Haryana Man Booked for Using Fake ID to Enter Amarnath Yatra Route

July 1, 2025

Recent News

Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

July 1, 2025
Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

July 1, 2025
DDC Member Booked by ACB for Demanding ₹5 Lakh Bribe for School NOCs

ACB Uncovers Irregularities in J&K Fire & Emergency Services Recruitment

July 1, 2025
3 persons including 2 Navy personnel held for extorting money from Agniveer aspirants

Haryana Man Booked for Using Fake ID to Enter Amarnath Yatra Route

July 1, 2025
Truth Prevail

Truth Prevail is a daily English newspaper of Jammu and Kashmir State. The mission of this newspaper is to bring hidden facts before the common masses.

Follow Us

Browse by Category

  • ANANTNAG (3)
  • BANDIPORA (1)
  • BARAMULLA (3)
  • Business (227)
  • DODA (3)
  • E-Paper (5)
  • Education (37)
  • Entertainment (146)
  • HEALTH (1)
  • India (154)
  • JAMMU (59)
  • Jammu (99)
  • Jammu Kashmir (417)
  • KATHUA (1)
  • Kishtwar (3)
  • KUPWARA (2)
  • Ladakh (34)
  • LEH (16)
  • Life Style (37)
  • National (300)
  • POONCH (7)
  • PULWAMA (2)
  • RAJOURI (5)
  • RAMBAN (2)
  • REASI (7)
  • SAMBA (3)
  • SHOPIAN (1)
  • Sports (206)
  • SRINAGAR (64)
  • Srinagar (163)
  • State (701)
  • Trending (25)
  • Udhampur (5)
  • Uncategorized (1)
  • Videos (2)
  • World (230)

Recent News

Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

Vikram Sahay Appointed Chief Commissioner of Income Tax for J&K, Ladakh

July 1, 2025
Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

Public Undertakings Committee Reviews Audit Observations on JKPDC, JAKEDA

July 1, 2025
  • Contact Us
  • Advertise
  • About Us
  • E-Paper

© 2014 JNews - Truth Prevail - Designed & Developed by Ginfomatics Web & Software Solutions.

No Result
View All Result
  • Home
  • World
  • State
  • National
  • Business
  • Sports
  • Entertainment
  • Videos
  • E-Paper

© 2014 JNews - Truth Prevail - Designed & Developed by Ginfomatics Web & Software Solutions.