Apple's Tariff Warnings and Strategic Shift Amid Trade Tension

Apple's Tariff Warnings and Strategic Shift Amid Trade Tensions

Apple has announced that the ongoing trade tariffs for this quarter could add approximately $900 million to its operating costs.

 In response, CEO Tim Cook revealed plans to mitigate the impact by sourcing 19 billion U.S. made chips and moving the assembly of most iPhones bound for the U.S. from China to India.

 This shift comes after Washington imposed a 145% tariff on Chinese electronics, making the reliance on a China-based supply chain increasingly risky for the high-end brand.