Chief executive Tim Cook sought new factory locales outside China, a prescient move that along with a new $100 billion U.S. investment will shield the company—for now.

U.S. President Donald Trump is increasing the tariff on goods from India to 50 percent starting on August 27, but Apple's manufacturing in

In a masterclass of trade-war theatre, President Donald Trump Wednesday wielded a 100 per cent semiconductor tariff like a cudgel—only to grant Apple complete amnesty moments later, creating a curious spectacle where the same India facing punitive 50 per cent duties for buying Russian oil will manufacture tariff-exempt iPhone 17s bound for American pockets.