As Apple Faces Pressure After Trump Told Tim Cook To Avoid Manufacturing In India, Expert Warns iPhone Maker's 'Value-Added Growth Is In Danger'
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Apple Inc. faces a manufacturing challenge as President Trump advised CEO Tim Cook against building in India, citing high tariffs. Experts warn that the U.S.-China trade reset could hinder Apple's growth plans, with manufacturing potentially shifting back to China. While Apple aims to increase iPhone production in India, competition from countries like Vietnam and Thailand poses additional challenges. Analysts suggest that despite plans for significant production in India, tariff negotiations may lead Apple to revert to a China-centric strategy.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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