Foxconn Pours $1.5 Billion Into India As Apple Quietly Prepares To Shift iPhone Production Away From China Amid Growing U.S. Tariff Pressures And Supply Chain Challenges ...Middle East

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Foxconn Pours $1.5 Billion Into India As Apple Quietly Prepares To Shift iPhone Production Away From China Amid Growing U.S. Tariff Pressures And Supply Chain Challenges

Apple has been dealing with a tariff situation imposed by the Trump administration in recent days, and it has stirred up the company's supply chain to a greater degree. While the company is seeking amendments in the percentages, Chinese suppliers have taken the most hit with a massive 125 percent reciprocal tax. The U.S. government wants Apple to move production of its products to the United States, which is one of the reasons why a hefty tax was put in place. It is now being reported that the iPhone manufacturer Foxconn has invested a massive $1.5 billion into India to […]

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