iPhone blowback: 25% US duty triggers alarm; India’s export growth & Apple’s shift at risk

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Apple's plan to make India a major iPhone export hub faces challenges as the US imposes a 25% tariff on Indian goods, potentially delaying expansion plans. Coupled with China's restrictions on electronic components, this could slow down electronics manufacturing and hurt India's export goals. Experts caution increased costs and supply chain disruptions could affect demand and competitiveness.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IsNOby3

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