Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
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