Northeast India’s Only English and Hindi Satellite News Channel

Donald Trump says he asked Apple CEO to limit expansion in India

First Published: 15th May, 2025 17:58 IST

You can build in India, if you want to take care of India because India is one of the highest tariff nations in the world, said Trump

US President Donald Trump on Thursday said that he had spoken with the Apple CEO Tim Cook and asked him to limit Apple‘s expansion in India.”I had a little problem with Tim Cook yesterday. I said to him, my friend, I am treating you very good. You are coming up with $500 billion but now I hear you are building all over India. I don’t want you building in India. You can build in India, if you want to take care of India because India is one of the highest tariff nations in the world, so it is very hard to sell in India,” President Trump said while addressing a news conference in Doha, Qatar.

Recently, Apple took some steps to expand its iPhone production in India, setting up assembly plants operating in the country. Two of these plants are located in Tamil Nadu, and one is in Karnataka. For these plants Apple has signed contract with manufacturers, such as Foxconn and Tata Group to set up production units.

In the last fiscal year, Apple produced USD 22 billion worth of iPhones in India in the 12 months through March 2025, which is a huge 60 per cent jump from the prior year.Apple manufactured approximately 40-45 million iPhones in India in 2024, accounting for 18-20 per cent of its global output.

Of this, about 15 million were exported to the US, 13 million to other international markets, and about 12 million were sold in the Indian market.In January 2025, Apple achieved an 11th consecutive quarterly revenue record in India, with iPhone sales estimated at USD 10 billion in 2024.

India stands as the Apple‘s fourth-largest market globally in 2024, after the US, China, and Japan.As reported last month, driven by the escalating trade tensions and high reciprocal tariffs announced by both China and US against each other, in a strategic move Apple decided to transition all production of iPhones destined for the US market to India from China.

Since then, the US and China have arrived at an agreement that they will withdraw their previously announced reciprocal tariffs and counter tariffs for an initial period of 90 days. The tariffs for 90 days are reduced by 115 per cent, by both US and China against each other. China will impose 10 per cent tariffs on US goods, and the US will tax Chinese goods at about 30 per cent. (ANI)

Also Read: “No or nil tariff deal was offered by India on a reciprocal basis” says Donald Trump

COMMENTS

Leave a Reply

Your email address will not be published. Required fields are marked *

WE RECOMMEND

Banner
“Signature must come from legitimate authorities,” says Putin on possible peace deal with Zelensky

Zelensky has repeatedly called for a meeting with Putin, stating that he alone can resolve pressing bilateral issues, including disputes over territory.

20th June 2025
Banner
Soroka Hospital Hit by Iranian Missile: Israel Foreign Ministry

Soroka Hospital: A direct hit has been reported at Soroka Hospital in Beersheba, southern Israel

19th June 2025
Banner
Air India Reduces International Services on Wide-Body Aircraft by 15%

The revised schedule of Air India's international services, effective from June 20, will be shared shortly, said the official statement.

19th June 2025
Banner
Canada, India agree to resume diplomatic services, designate new High Commissioners

Prime Minister Carney and Prime Minister Modi reaffirmed the importance of Canada-India ties, based upon mutual respect, the rule of law.

18th June 2025
Banner
83 Air India wide-body flights cancelled between June 12 to 17: DGCA

The regulatory body also reviewed the impact of recent airspace closures, particularly over Iranian airspace.

18th June 2025