Apple Stock Slips. Why Trump Had a Problem With CEO Tim Cook. - Barron's
1. Trump expressed dissatisfaction with Apple's manufacturing plans in India. 2. Apple aims to source most U.S.-bound iPhones from India by 2026. 3. Shipping costs for devices from India may add $900 million this quarter. 4. Domestic iPhone manufacturing estimated to increase retail price significantly. 5. Tariffs on Indian imports are currently paused, pending negotiations.