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Apple Inc.’s iPhone exports to the US from India will remain untouched by President Donald Trump’s latest 25% tariffs on the South Asian nation, for now.
The Trump administration in April exempted smartphones, computers, and other electronics from reciprocal tariffs, in a major reprieve to companies such as Apple and Nvidia Corp. Most of these electronic devices aren’t made in the US.
India currently accounts for more than a fifth of global iPhone production and has already surpassed China to become the top supplier of the device to the US…
