Apple plans to source more iPhones from India to offset the high cost of China tariffs, the WSJ reports, citing unnamed sources. US tariffs on China will rise to at least 54%, while India faces a 26% rate. President Trump promised yet more tariffs for China if it didn’t drop retaliatory tariffs. $Apple(AAPL.US) #iPhone #semiconductors #semiconductor https://t.co/bVgJfhwuxU
Source: Dan Nystedt
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