
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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