Apple is once again under the spotlight as shifting global manufacturing strategies and rising tariffs begin to raise questions about the future cost of its devices in the U.S.
Recently, Apple confirmed that it is increasing production in India and Vietnam for several of its flagship products, including iPhones, iPads, Macs, and Apple Watches. The decision comes amid mounting international trade tensions and the company’s ongoing efforts to reduce reliance on Chinese manufacturing.
CEO Tim Cook stated that Apple had invested significantly to diversify its production base. However, the changes are not without challenges.
The company estimates that new tariffs could increase costs by as much as $900 million in the second quarter of the year alone. Read more below
