CosmicTaco
CosmicTaco

Trump's Tariffs Shift Global Smartphone Production

  • Trump announced a 34% tariff on Chinese goods and 26% on Indian goods.
  • Apple and Samsung are adjusting their global production strategies in response.
  • Apple's iPhone production in India is set to increase, reducing reliance on China.
  • Foxconn and Tata Group are expected to invest significantly in Indian factories.
  • Samsung may temporarily shift production to India due to lower tariffs compared to Vietnam.

Source: Moneycontrol, Times Now News

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