Apple braces for profit blow as US imposes tariffs on China, India, and Vietnam

Apple is confronting significant financial pressures following the Trump administration’s imposition of tariffs on imports from key manufacturing countries, notably China, Vietnam, and India. These tariffs are poised to impact Apple’s production costs and profit margins.​

US President Donald Trump, on Wednesday, announced a comprehensive tariff regime, including a 34% tariff on Chinese imports, adding to an existing 20% tariff, culminating in a total of 54% on goods from China.

Given that approximately 90-95% of Apple’s products are manufactured in…