President Trump argues that tariffs up to 50% on foreign imports will benefit the US economy, claiming that high tariffs will attract companies to manufacture domestically.

Apple is significantly increasing iPhone production in India, aiming for 70-80 million units by late 2026, potentially making India the primary supplier to the US. This shift, driven by diversification and geopolitical factors,

The country, which has long resisted demands to liberalize this prized and protected market, signals it will come to the negotiating table.