Apple Expands India Manufacturing to Avoid Trump Tariffs on China

Apple is in talks with over 40 firms to become component suppliers for devices including the iPhone, ahead of a Trump administration applying tariffs to Chinese imports. Tariffs that are notionally applied to a country are paid by the US firm importing the goods. Consequently any China tariff would raise the cost to Apple of importing iPhones, and consequently the price of iPhones would increase steeply.