The iPhone sold in the United States will not come from China – as Apple reveals the effect of Trump’s tariff | Money News

Apple says that the devices sold in the United States will not come from China, as the technology giant tries to alleviate the impact of Donald Trump’s tariff.

most iphone It will be obtained from India instead, as IPad comes from Vietnam, to prevent the high prices of American consumers.

The company said that financial results from January to March said that the escalating trade war of the American president had a limited impact on its performance so far.

but, apple CEO Tim Cook believes that the customs tariff will add 677 million pounds during the current quarter – assuming Trump Policies do not change.

The revenues of the first three months of the year amounted to 71.8 billion pounds, with profits of 18.6 billion pounds, overcoming analysts’ expectations.

The high demand for iPhone during this period may be driven by American shoppers who are rushing to make purchases before the new definitions enter into force.

But the full effect of any panic purchase will not only appear when Apple reports on its results from April to June later in the year.

Apple’s dependence on Chinese factories to manufacture iPhone devices means that the company has been much more to the influence of Trump’s trade war than others.

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After the president revealed plans to impose a mutual tariff on dozens of countries – they now stopped significantly for 90 days – Apple shares decreased by 23 %, which led to the elimination of 582 billion pounds.

Although the price of his share has recovered a little, it remains 5 % less than “Editing Day”.

Tensions between Washington and Beijing also an effect on Apple sales in China, which decreased by 2.3 % between January and March.

“We have a complex supply chain. There is always a danger in the supply chain. What we learned some time before is that the presence of everything in one place had a great danger with it,” added Mr. Cook.

The devices that are sold outside the United States will continue in China.