Apple ups India iPhone production as country’s Russia ties irk Trump

Apple The country reportedly increased the production of iPhone in India as it faces pressure on Russian oil purchases from the White House.

“We planned to increase tariffs in India,” Treasury Secretary Scott Bessent, “We planned to increase tariffs,” On Tuesday, he told CNBC’s “Squawk Box”. “These are secondary tariffs to buy sanctioned Russian oil.”

Bessi accused India of buying cheap Russian oil and re -selling “unacceptable” during the Ukrainian War.

Earlier this month, President Donald Trump increased tariffs in India to 50%. In July, the President said that if a peace agreement with Ukraine was not reached until September, Russia will apply secondary tariffs to the trade partners of Russia.

Comments came Bloomberg reported This technology giant Apple’s new iPhone 17 models are prepared to release the market while preparing for the five factories in India reportedly increased production.

According to the report, the expansion includes some new plants and factories and contract electronics manufacturer Foxconn technology, according to the report referring to people familiar with the issue. According to the report, Apple wants to create a new iPhone 17e in India next year.

In recent years, Apple has changed more production to India because it has tried to reduce its confidence in China, especially after recent trade tensions.

Data from Canalys in May estimated that iPhone posts from India to the US grew by 76% in May as trade restrictions were determined.

Also Apple Determined to invest In the next four years to improve American production production, over $ 600 billion in the USA.

This includes an investment of $ 2.5 billion to expand the production of the iPhone Glass Maker Corning this month.

The commitment to build in the United States must make Apple open to India -related tariffs.