Apple has been sizing up the costs of moving some production of iPhones and other goods from China to India or other countries as it gears up to restructure its supply chain, fearing impending US tariff hikes on goods from China.
Apple Inc has stated in comments filed with the US Trade Representative that US tariffs on goods from China, including iPhones, iPads, and Macs, will slash the company’s tax contributions to the US Treasury and seriously undermine its global competitiveness.