India Surpasses China in Iphone Exports to the Us

Apple is shifting iPhone production from China to India, impacting global trade dynamics. India's iPhone exports to the US are increasing, while China's are decreasing. * In April, India exported 3.3 million iPhones to the US, surpassing China's 900,000 units. * April saw a 76% year-on-year increase in iPhone shipments from India to the US. * This coincided with a 76% drop in shipments from China during the same month. Apple began investing in India's supply chain during the COVID-19 pandemic. CEO Tim Cook stated most iPhones sold in the US will be manufactured in India. * iPhones imported from China face an additional 30% duty under Trump-era tariffs. * The base tariff for countries like India is 10%. * US iPhone demand is around 20 million units per quarter. While final assembly moves to India, a large part of the supply chain remains in China. Trump threatened a 25% tariff on all iPhone imports if they aren't made in the US. China is reportedly trying to slow India's rise in iPhone production.