Apple is considering expanding its manufacturing facility in Brazil in response to steep tariffs imposed on imports from China and India by the Trump Administration. The tariffs, which are as high as 34%, could significantly increase costs for Apple, prompting the company to explore more favorable tax conditions in Brazil, where import duties are only 10%. This expansion will help Apple meet local demand while enabling exports to the U.S. It follows the production of previous iPhone models and aims for the anticipated iPhone 16 Pro with substantial investment and restructuring.
Apple is planning to expand its manufacturing facility in Brazil to mitigate the impact of newly imposed tariffs on imports from China and India.
The expansion will allow Apple to produce the iPhone 16 Pro locally, reducing costs associated with higher tariffs on imports from China.
With Brazil's import tax at only 10%, this strategy aims to keep production costs down and circumvent substantial tariffs that could impact pricing.
Apple's plans for 2024 include not just meeting local demand but also exporting some production to the US to avoid tariffs.
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