President Trump's planned reciprocal tariffs would upset Apple's production plan in India, with a possible knock-on effect on iPhone prices around the world. Although India-assembled iPhones already come into the US duty-free, a 16.5% tariff equivalent to India's import duty on US electronics would wipe out India's cost advantage in manufacturing. The action puts at risk Apple's $8-9 billion exports to the US and might compel the tech giant to revisit its production strategy. Industry analysts caution that if the tariffs are put into effect, Indian manufacturing will become less competitive than China's, and Apple may face higher prices or lower profit margins. The situation is fluid as both nations work on trade negotiations.
Sources: Times Now News, CNBC, Moneycontrol