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20 August 06:49

Apple is accelerating its iPhone production in India amid US pressure on the Indian government over Russian oil purchases.

Delia Niculescu

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International

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As the Trump administration steps up pressure on India over Russian oil purchases, Apple is ramping up its iPhone production at five factories in India, mostly operated by Tata and Foxconn. Treasury Secretary Scott Bessent has announced possible tariff hikes on India, accusing it of speculating with Russian oil. Apple plans to launch the iPhone 17 and is considering manufacturing a model exclusively in India. The decision is part of a strategy to reduce dependence on China and aligns with investment commitments in the US.

Sources

Apple îşi extinde producţia de iPhone în India, în contextul tensiunilor dintre SUA şi New Delhi din cauza petrolului rusesc

Apple îşi extinde producţia de iPhone în India, în contextul tensiunilor dintre SUA şi New Delhi din cauza petrolului rusesc

ȘTIRI PE ACELEAȘI SUBIECTE

International

Donald Trump stated that Indian Prime Minister Modi promised him that India would stop buying Russian oil, following the imposition of punitive tariffs.

International

The U.S. Treasury Secretary, Scott Bessent, has urged Japan to stop energy imports from Russia, in the context where India promises to do the same.

International

China considers Donald Trump's pressures to stop oil purchases from Russia as an attempt at intimidation and defends trade rights.

International

Refineries in India, including Reliance Industries, are preparing to reduce oil imports from Russia, following the sanctions imposed by the US on Lukoil and Rosneft.

International

Scott Bessent, the U.S. Treasury Secretary, called a Russian official a 'propagandist' and emphasized the negative impact of sanctions on the Russian economy.

International

The American government has called for a united international effort against the restrictions imposed by China on the export of rare earths, considered essential for the global economy.

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