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Tag: tariff
Mobile
Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter
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August 1, 2025
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India
It seems you’re referring to a significant trade and diplomatic move by the United States, specifically during the Trump administration. However, to provide accurate and up-to-date information, I need to clarify a few points. Firstly, the Trump administration did impose tariffs on various countries, including India, as part of its trade policies. In 2019, the U.S. removed India from the Generalized System of Preferences (GSP) program, which had allowed India to export certain goods to the U.S. without facing tariffs. This decision was part of the Trump administration’s efforts to address trade imbalances and negotiate better trade terms with other countries. Regarding the 25% tariff, I’d need more specific information to confirm if this was indeed imposed on India from a particular Friday, as you mentioned. The U.S. has imposed tariffs on various countries for different reasons, including national security concerns (e.g., steel and aluminum tariffs under Section 232 of the Trade Expansion Act) and unfair trade practices (e.g., tariffs under Section 301 of the Trade Act of 1974). The mention of a penalty for buying Russian oil is also significant. The U.S. has imposed sanctions on Russia due to various geopolitical concerns, including its actions in Ukraine and interference in U.S. elections. The U.S. has encouraged other countries to reduce their dependence on Russian energy to weaken Russia’s economy and influence. However, the specifics of such penalties, especially in relation to India, would depend on the context and the specific policies or sanctions in place at the time. To provide a more accurate response, could you please specify the time frame or the particular policy announcement you are referring to? This would help me give you a more detailed and relevant answer.
NewsPepr
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July 31, 2025
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Mobile
Trump’s 25% Tariff Threatens Apple’s India Export Plans; iPhone Prices Could Rise | Business News
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July 30, 2025
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Mobile
Smartphones in doldrums due to crap demand and tariff woes • The Register
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July 15, 2025
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Mobile
India’s iPhone exports soar 53% in H1 2025 amid tariff blues
NewsPepr
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July 15, 2025
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