00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple plans to shift more iPhone production to India to avoid Trump's new China tariffs,
00:07and according to Benzinga, the new tariffs could increase the iPhone 16 Pro Max priced by over
00:1140%, pushing it over $2,000. Wall Street Journal reported that Apple may export more India-made
00:17iPhones to the U.S. to counter the protected $300 added hardware cost per device. Redirecting
00:23output could beat half of U.S. demand. Despite growing Indian production, Apple's primary base
00:28remains in China due to its supply chain strength. The iPhone accounts for about half of Apple's
00:33revenue. Apple shares have fallen over 25% in 2025. For all things money, visit Benzinga.com slash GSTV.
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