Apple to consider moving iPhone production if tariffs reach 25%

Jamie McKane

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Apple to consider moving iPhone production if tariffs reach 25%

Apple Inc.’s suppliers will consider shifting iPhone production away from China should tariffs on U.S. imports skyrocket, but the U.S. company plans to sit tight for now, people familiar with the company’s thinking said.

The tech giant’s suppliers intend to stick with the existing model even if the U.S. levies a 10 percent import tariff on smartphones, the people said, asking not to be identified talking about a private matter.

[Bloomberg]
 
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