00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple secretly charted cargo flights to ship over 600 tons of iPhones from India to the U.S.,
00:07according to Reuters, moving them to avoid steep 125% tariffs on China-made devices
00:12imposed by President Trump. Six 100-ton jets have flown since March, including one this week
00:17as new tariffs began. Apple increased air shipments from India by boosting iPhone production 20%,
00:22achieved by hiring more workers and extending operations at Foxconn's largest Indian factory.
00:27Apple spent eight months establishing expedited customs clearance in Chennai with support
00:31from Prime Minister Modi's government, according to a senior Indian official.
00:35For all things money, visit Benzinga.com slash GSTV.
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