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Apple Eyes Move to Protect Against Tariffs, Diversify Production
Apple Eyes Move to Protect Against Tariffs, Diversify Production
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Amidst increasing global tensions and a potential trade war with China, Apple (AAPL) is navigating rough waters. The iPhone developer was heavily impacted by tariff threats from the US against Asian nations. To avoid tariffs, Apple recently flew in millions of iPhones into the US. Now, the company is planning to diversify its production by shifting some iPhone production to India, and Wearables and Mac production to Vietnam. High costs in the US make it an unlikely option for production, but it may be explored as a last resort. This move is part of Apple’s strategy to protect itself from tariffs and secure future growth.
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