BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Foxconn Redirects iPhone Production from China to India Amid U.S. Tariff Pressures
Foxconn Redirects iPhone Production from China to India Amid U.S. Tariff Pressures
6
1
Apple''s primary supplier Foxconn has sharply increased exports of India-manufactured iPhones to the U.S., with 97% of production shipped stateside between March and May. This marks a dramatic rise from 2024''s 50% monthly average, as companies circumvent Trump-era tariffs that could impose 55% duties on Chinese imports compared to India''s 10% baseline rate.
The supply chain shift reveals how multinationals are adapting to geopolitical trade barriers. China previously accounted for 80% of U.S.-bound iPhone shipments—approximately 60 million units annually. Apple''s accelerated Indian production demonstrates how corporate supply chains are becoming instruments of trade policy evasion.
By:
Previous
Walmart and Amazon to Launch Their Own Stablecoins
Next
Amazon and Walmart Explore Stablecoin Adoption for Faster Payments
