Will Donald Trump’s tariffs affect iPhone prices in India? Answer is…
With US President Donald Trump’s successive tariff announcements, as geopolitical tensions increase, Apple quietly reshape the global production map and keeps India in the center. Now, he may be wondering if Trump’s mutual tariffs will affect iPhone prices.
Will Donald Trump’s tariffs affect iPhone prices in India?
With US President Donald Trump’s successive tariff announcements, as geopolitical tensions increase, Apple quietly reshape the global production map and keeps India in the center. Now, he may be wondering if Trump’s mutual tariffs will affect iPhone prices.
In this article, we will discuss in detail whether the US president’s new obsession with “tariffs” will affect the price of iPhones in India. So far, Trump, Alkeria, Bangladesh, Bosnia and Herzegovina, Brazil, Brunei, Cambodia, Canada, Eu, Indonesia, Iraq, Japan, Kazakhstan, Lao The Democratic Republic of the People (Laos), Libya, Malaysia, Mexico, Maldosya, Mexico, Malazia, Malesin published letters. Tunisia, South Africa, South Korea, Sri Lanka and Thailand.
In the meantime, India is still holding her breath, waiting for Trump’s tariff letters. The tariff varies between 20 percent and 50 percent, Brazil is facing the highest 50 percent.
Will the tariffs affect iPhone prices in India?
Go with a report Economic times, Even with the implementation of mutual tariffs, producing iPhone in India will remain cheaper than shifting operations to the USA. Prime Minister Narendra Modi, a growing supply chain ecosystem, has already made great investments in new facilities thanks to the incentives of the government.
India continues to be the next major production site for Apple after China. According to a report from the Global Trade Research Initiative (GTRI), the value of 1,000 USD iPhone is created in more than one country. Considering Apple, brand, design and software, the biggest share of bags is $ 450.
According to Outlet’s report, Taiwan contributes to 150 USD, adding 90 USD through South Korea OLED screens and memory components, and Japan supplies 85 US dollar camera systems. US chipsets such as Qualcomm and Broadcom add US $ 80. Smaller contributions than Germany, Vietnam and Malaysia are around 45 USD. On the contrary, the real assembly of the iPhone – located in India and China – about $ 30 per device.
Let’s say Trump brings a 25 percent tariff to Indian goods. Accordingly, the cost of assembly of 30 USD will increase by 25 percent or USD USD – increases the cost of each iPhone to 37.5 USD. Even in this scenario, production is cheaper than Apple should spend if it produces iPhones in the United States.
The answer cannot be said that the price of iPhones will not be affected. Although prices will be adjusted to the tariffs beaten in India, there will be no big change.
