Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates from a technology market analyst firm shows.

Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence from Trump's Middle East trip. Trump publicly acknowledged Nvidia's CEO Jensen Huang's presence while pointedly noting Cook's absence.

The move to India is angering both Beijing, which wants the iPhone maker to maintain its manufacturing in China, and President Trump, who has continued to pressure Apple to move all of its

If the U.S. is getting closer to a wide-ranging trade deal with India as reports suggest, it would be a positive for Apple (NASDAQ:AAPL) and its supply chain, Wedbush Securities said. “We continue to believe one of the biggest US trade and tariff deals on the table that the Street and tech investors are laser focused on is India,

President Trump is pushing Apple to manufacture iPhones in the United States, threatening a 25% tariff on imported products if they continue production in India. Trump expressed his desire for Apple to prioritize domestic manufacturing,

The New York Times reports the new Apple tariff threat is likely payback for Tim Cook skipping Trump’s recent Middle East trip.

Apple was recouping some of its losses after President Donald Trump threatened to impose a levy on iPhones sold in the U.S.

Apple Inc. (NASDAQ:AAPL) is reportedly pushing forward with a major supply chain expansion in India through its top manufacturing partner, Foxconn, also known as Hon Hai Precision Industry Co. Ltd. (OTC:HNHAF).