Most Apple products sold in US to come from India, Vietnam
CUPERTINO, CALIFORNIA, US - SEPTEMBER 10, 2024: US tech giant Apple said Thursday that most of its products to be sold in the US in the coming months will come from India and Vietnam, instead of China, which has been the target of US President Donald Trump's highest tariffs."We do expect the majority of iPhones sold in US will have India as their country of origin," CEO Tim Cook said in a call with investors on Thursday to discuss the firm's financial performanceThe primary production location "for almost all iPad, Mac, Apple Watch, and AirPods product sold in the US" will be Vietnam in the meantime.Cook noted that the great bulk of all products sold outside the US will continue to be made in China.He also said that tariffs are estimated to increase costs by $900 million in the current quarter.Cook also pointed to the company's plans to acquire over 19 billion chips from the US this year as part of a global supply chain transition to progressively reduce its dependency on China and improve iPhone manufacturing in India.Chinese exporters sell mostly electronics, hardware and parts, base metals such as steel and aluminum, and manufacturing products such as textiles, plastics, clothing, toys, and furniture to the US.On April 2, Trump announced additional tariffs on trade partners, including China, as part of “reciprocal tariffs.”As a result of the tariff showdown that started between the two countries after China responded, the US raised the tariffs imposed on China to up to 245%, and China imposed a 125% tariff on the US.(Footage by Tayfun Coşkun /Anadolu Agency via Getty Images)





PURCHASE A LICENSE
Get personalized pricing by telling us when, where, and how you want to use this asset.
DETAILS
Restrictions:
Contact your local office for all commercial or promotional uses.NO SALES IN TÜRKİYE.
Credit:
Editorial #:
2214023826
Collection:
Anadolu
Date created:
September 24, 2024
Upload date:
License type:
Rights-ready
Release info:
Not released.More information
Clip length:
00:01:09:48
Location:
United States
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 59.94p
Source:
Anadolu Video
Object name:
apple
- India Videos
- Apple Computers Videos
- Donald Trump - US President Videos
- Industry Videos
- Communication Videos
- Corporate Business Videos
- Technology Videos
- Telephone Videos
- USA Videos
- Big Tech Videos
- Business Videos
- Business Finance and Industry Videos
- California Videos
- China - East Asia Videos
- Color Image Videos
- Digital Tablet Videos
- Drone Videos
- Drone Point of View Videos
- Economy Videos
- Editorial Videos
- Film - Moving Image Videos
- Finance and Economy Videos
- Global Videos
- Global Business Videos
- Global Communications Videos
- Global Finance Videos
- HD Format Videos
- Horizontal Videos
- Manufactured Object Videos
- Occupation Videos
- Portable Information Device Videos
- Produced Segment Videos
- Real Time Video Videos
- Sale Videos
- Science and Technology Videos
- Smart Phone Videos
- Sport Videos
- Tariff Videos
- The Media Videos
- Trade War Videos
- Trading Videos
- US President Videos
- Video with Sound Videos
- Vietnam Videos
- Wireless Technology Videos