Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Israel-Iran attacks and the 2 other things that drove the stock market this week

June 14, 2025

What next for He Jiankui, the human gene editor locked in limbo?

June 14, 2025

Chinese brain implant reaches landmark clinical trial with operation on amputee

June 14, 2025
Facebook X (Twitter) Instagram
Saturday, June 14
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Nearly all Foxconn India iPhones shipping to US as Apple looks to bypass China tariffs
Business

Nearly all Foxconn India iPhones shipping to US as Apple looks to bypass China tariffs

adminBy adminJune 13, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 7


Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50 per cent and a clear sign of Apple’s efforts to bypass high US tariffs imposed on China.

The numbers, being reported by Reuters for the first time, show Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to countries including the Netherlands, the Czech Republic and Britain.

During March-May, Foxconn exported iPhones worth US$3.2 billion from India, with an average of 97 per cent shipped to the United States, compared to a 2024 average of 50.3 per cent, according to commercially available customs data seen by Reuters.

India iPhone shipments by Foxconn to the United States in May 2025 were worth nearly US$1 billion, the second-highest ever after the record US$1.3 billion worth of devices shipped in March, the data showed.

Apple and Foxconn did not respond to Reuters’ requests for comment.

US President Donald Trump holds an iPhone after it rang while he was speaking at the White House on May 23. Photo: Reuters
US President Donald Trump holds an iPhone after it rang while he was speaking at the White House on May 23. Photo: Reuters
US President Donald Trump on Wednesday said China will face 55 per cent tariffs after the two countries agreed on a plan, subject to both leaders’ approval, to ease levies that had reached triple digits.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Hong Kong’s 1980s nightlife culture makes dazzling return at site of old Club Bboss

June 14, 2025
Business

Hong Kong pop diva Karen Mok picks up HK$85 million luxury flat in Mid-Levels

June 14, 2025
Business

Homebuyers snap up Deep Water Pavilia flats on the back of discounts, low interest rates

June 14, 2025
Business

Hong Kong plans new AI supercomputing centre to boost tech hub status

June 14, 2025
Business

Supporting role: how InvestHK is driving Hong Kong firms’ global growth

June 14, 2025
Business

Chinese carmaker GAC’s electric-van unit takes aim at Ford and Stellantis in Europe

June 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Dar says steps under way to enhance financial ties with Turkiye – Business & Finance

June 14, 2025

KP unveils Rs2.1trn surplus budget – Business & Finance

June 14, 2025

Oil up 6pc after Israel’s strikes on Iran – Business & Finance

June 14, 2025

Sindh sets record with Rs1trn development budget for FY26 – Business & Finance

June 14, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Israel-Iran attacks and the 2 other things that drove the stock market this week
  • What next for He Jiankui, the human gene editor locked in limbo?
  • Chinese brain implant reaches landmark clinical trial with operation on amputee
  • Canada to mine more amid geopolitical tensions: former minister Bill Morneau
  • Hong Kong’s 1980s nightlife culture makes dazzling return at site of old Club Bboss

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Israel-Iran attacks and the 2 other things that drove the stock market this week

June 14, 2025

What next for He Jiankui, the human gene editor locked in limbo?

June 14, 2025

Chinese brain implant reaches landmark clinical trial with operation on amputee

June 14, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.