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Most US iPhones to be 'sourced' in India, says Apple CEO amid trade war with China

IndiaTimes Thursday, 1 May 2025
Apple CEO Tim Cook announced that most US iPhones would be sourced from India due to rising US-China tariff tensions. The tariffs on Chinese imports could cost Apple up to $900 million. Despite these pressures, Apple reported strong earnings for the first three months of the year, with a profit increase of 4.8% and a revenue rise of 5.1%.
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News video: U.S- China Trade War: Scott Bessent Drops BOMBSHELL in China Tariff Clash—Hints at Major Fallout

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