Tim Cook, Donald Trump and Apple
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1hon MSN
President Trump's proposed 25% import tariff on iPhones made in India is unlikely to sway Apple's manufacturing decisions. The cost of producing iPhones in India remains significantly lower than in the US,
It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.
The investment comes amid heightened political rhetoric from US President Donald Trump, who said in Doha that Apple should manufacture products for the US market within America, not India.