Another blow to India as Trump proposed high tariffs on iPhone, trade goods

WASHINGTON – Another blow to India as US President Donald Trump has proposed 25 percent tariffs for iPhone made outside the US including India would be subjected to additional taxation.
The US president also proposed taxes for the Europe.
In a statement posted on his social media platform, Truth Social, Trump announced that only iPhones manufactured and assembled within the United States should be sold in the American market. This policy, if enacted, would effectively impose a tax on Apple iPhones produced in countries like India and imported into the US.
“I’ve made it clear to Apple CEO Tim Cook that iPhones made outside the US including in India will be subject to additional taxation,” Trump said.
He said, “Only US-made iPhones should be sold in the US market,”.
The proposed measure is seen as part of Trump’s broader effort to bring manufacturing jobs back to the United States and reduce dependence on foreign production, particularly in the technology sector. Apple currently assembles a significant portion of its iPhones in India, where production has expanded in recent years.
In a separate development, Trump also proposed a 50% trade tariff on goods from the European Union starting June 1. He cited unfair trade practices including what he described as “excessive VAT taxes, corporate penalties, and unjust lawsuits against US companies” as reasons behind the tariff recommendation.
“Dealing with the European Union has become extremely difficult,” Trump wrote. “The EU’s policies have created an annual trade deficit of over $25 billion with the US which is completely unacceptable,”.
The announcement has raised concerns among trade analysts and global businesses, who warn that such policies could trigger retaliatory tariffs and disrupt international trade flows.