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US tariffs: how Trump’s tax is hitting Big Tech and beyond

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Thomas Ricker
Apple’s moving US iPhone production to India.

That’s what The Financial Times’ sources are saying, with the goal of producing “the entirety of the more than 60mn iPhones sold annually in the US by the end of 2026.” But the real goal is to avoid the worst of Trump’s tariffs and to continue the diversification of Apple’s supply chain to places outside China.

So I guess “the army of millions and millions of human beings screwing in little screws to make iPhones” won’t be from the US? Shocking.

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