Why India-Made iPhones will still be cheaper in the US even with 25% Trump tariff?

Even if the United States decides to impose a 25% tax on iPhones made in India, it would still be cheaper to produce them there than in the U.S., according to a report by the Global Trade Research Initiative (GTRI). This news comes after President Donald Trump threatened that such a tax would apply if Apple chooses to manufacture its iPhones in India. The report explains how the cost of making an iPhone, which typically sells for around $1,000, is influenced by various countries involved in its production. 

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