Basically produced semiconductors and products such as iPhone are exempt from 25% of the mutual tariffs. According to information from CNBC, the decree on the increase in tariffs doubles 25% of the tariffs up to 50%, but semiconductors will still be exempted from tariffs.
Apple will not affect 25% of the return tasks of India on August 1, and the situation will not change even if the tasks rise to 50% at the end of August. This is because Apple conveys an important part of its production from China to India to diversify the supply chain due to the tension in trade relations between the US and China. Apple Partners, such as Foxconn and Pegatron, opened its iPhone Assembly facilities in India and gathered in the country for export to countries such as Indian buyers and the United States.
The order that makes Apple’s response taxes is temporary and exceptions can be canceled by Trump’s decision. He stressed that no one will be left without drawing attention, and the management is working on the introduction of certain tasks on semiconductors that actively affect Apple products.
Source: Ferra
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