Will iPhones become expensive from next month?
Electronics products including iPhones and MacBooks can become expensive from next month. Actually, US President donald trump has announced to impose reciprocal tax. This decision is going to be implemented from april 2. This means that the same amount of tax will be levied on things going from india to America, as is levied on things coming from America to India. In such a situation, apple, which makes iPhones in india and sells them in the global market including America, can get a big blow.
donald trump adopted a tough attitude
In one of his statements, trump had mentioned the "more than 100 percent tax" imposed on automotive parts coming from America to india and said that now America is also going to impose the same tax. He did not mention electronic items in his statement, but many media reports have said that this decision can affect many products including consumer electronics.
Apple may be affected in a big way
apple has been expanding its manufacturing in india for quite some time now. The company has been manufacturing iPhones in india since 2017, but initially the base variant was made here for the local market. Now the company is also manufacturing its flagship devices iphone 16 Pro and Pro Max in India. The company is also assembling its latest iphone 16e in india and it will be exported from here. It is estimated that the company has made shipments worth $8-9 billion this financial year. There is currently no duty in the US on goods made in India. Therefore, it is cheaper for the company. Apart from apple, companies like samsung and motorola also make their products in india for the US market.
That's why it will be affected
If President Trump's decision comes into effect from april 2, then companies will have to pay more tax to take the goods made in india to the US. This will increase their cost and to meet this, the company can increase the price of its products. Due to this, apple products like iphone and MacBook may become expensive in india as well as in other countries.
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