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Apple’s $22 bn pivot to India: iPhone manufacturing surges as trade winds shift from China
While electronics, including smartphones, were exempted from those tariffs in a recent announcement, the broader levies on China — now totalling 145 per cent — remain intact. For Apple, this makes India a relatively safe harbour
Apple CEO Tim Cook gestures during the inauguration of India’s first Apple retail store in Mumbai, India, April 18, 2023. File image/Reuters
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