Apple expects $900m hit from US tariffs, shifts majority of iPhone production to India
Friday, 2 May 2025 Apple reported strong first-quarter profits, but CEO Tim Cook cautioned about US tariffs potentially costing the company $900 million this quarter. To mitigate this, Apple is shifting production, with most iPhones sold in the US originating from India. "We are not able to precisely estimate the impact of tariffs, as we are uncertain of potential future actions prior to the end of the quarter," news agency Reuters quoted Tim Cook as saying.
A senior EU official claims President Trump is hesitating to confront Vladimir Putin over Ukraine, prioritizing a potential diplomatic reset with Russia over ending the war. Despite condemning..
President Donald Trump was visibly irritated during a press event after being asked about Wall Street’s trending term “TACO Trade” — short for “Trump Always Chickens Out.” The phrase, used..
Macron Shoved, Trump BLASTS Putin, Jordan Peterson DESTROYED & Ron DeSantis BOOED! | PBD Podcast Patrick Bet-David, PBD, Valuetainment podcast, PBD podcast, Patrick Bet-David Podcast,..
Apple dramatically increased iPhone exports from India to the US in March 2025, reaching 97.6% of total exports, driven by concerns over potential tariffs on... IndiaTimes
United States President Donald Trump has said, "It is okay for Apple to go to India to build its plants, but then the tech company will not be able to sell its... DNA
Friday, 2 May 2025
![Trump SHOCKS EU As He Stalls Pressure On Putin, Favours Russia Diplomacy Over Ukraine Peace [Video]](https://video.newsserve.net/300/v/20250531/1412529328-Trump-SHOCKS-EU-As-He-Stalls-Pressure-On.jpg)
![Trump SNAPS at Reporter Over ‘Chicken’ Jibe | Furious Response to Wall Street’s ‘TACO Trade’ Mockery [Video]](https://video.newsserve.net/300/v/20250531/1412524774-Trump-SNAPS-at-Reporter-Over-Chicken-Jibe.jpg)
![Macron Shoved, Trump BLASTS Putin, Jordan Peterson DESTROYED & Ron DeSantis BOOED! | PBD Podcasts [Video]](https://video.newsserve.net/300/v/20250529/1748555811-Macron-Shoved-Trump-BLASTS-Putin-Jordan-Peterson-DESTROYED.jpg)
