Apple airlifted $2bn worth of iPhones from India in March as Trump tariffs loomed
Tech giant stepped up production and chartered cargo flights with at least six jets to ensure sufficient inventoryApple’s main India suppliers Foxconn and Tata shipped nearly $2bn worth of iPhones to the United States in March, an all-time high, as the US company airlifted devices to bypass Donald Trump’s impending tariffs, customs data shows.The smartphone maker stepped up production in India and chartered cargo flights to ferry 600 tons of iPhones to the United States to ensure sufficient inventory in one of its biggest markets on concern that the US president’s tariffs would push up costs. At least six cargo jets were used in the operation, which one source described was a way to “beat the tariffs”. Continue reading...
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Tech giant stepped up production and chartered cargo flights with at least six jets to ensure sufficient inventory
Apple’s main India suppliers Foxconn and Tata shipped nearly $2bn worth of iPhones to the United States in March, an all-time high, as the US company airlifted devices to bypass Donald Trump’s impending tariffs, customs data shows.
The smartphone maker stepped up production in India and chartered cargo flights to ferry 600 tons of iPhones to the United States to ensure sufficient inventory in one of its biggest markets on concern that the US president’s tariffs would push up costs. At least six cargo jets were used in the operation, which one source described was a way to “beat the tariffs”. Continue reading...
