Trump pressures Cook: Does not want Apple to build factories in India!

Wallstreetcn
2025.05.15 08:05
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Media reports indicate that Trump revealed he has spoken with Apple CEO Tim Cook, clearly stating that he does not want Apple to expand its production in India. He claimed that as a result of this conversation, Apple will "increase their production in the United States."

Trump "threatens" Apple's manufacturing plans in India, as trade negotiations between the US and India face undercurrents.

On Thursday, media reports stated that Trump revealed he had spoken with Apple CEO Tim Cook, clearly expressing that he does not want Apple to expand production in India.

"I told him, I don't want you to build factories in India."

He claimed that as a result of this conversation, Apple will "increase their production in the United States."

It is noteworthy that Apple unexpectedly announced during this month's earnings call that most devices sold in the US will be produced in India and Vietnam to cope with potential tariff pressures.

Trump halts Apple's expansion plans in India

Trump's remarks directly target Apple's global market expansion strategy in recent years. Apple has been actively promoting the diversification of its supply chain.

Although Apple's Q2 performance barely exceeded expectations, its future growth prospects remain uncertain under the impact of Trump's tariff policies.

During the earnings call held overnight, Tim Cook announced that in the upcoming June quarter, "most" iPhones sold in the US will come from India, while "almost all" other devices (including iPads, Macs, Apple Watches, and AirPods) will come from Vietnam. This strategic shift aims to mitigate the impact of the Trump administration's tariff policies on the company.

"We learned a lesson a long time ago that putting everything in one place is too risky."

Additionally, Cook stated that Apple is sourcing glass and Face ID modules from the US, while purchasing 19 billion chips from 12 states.

He estimated that tariffs will lead to an additional cost of $900 million (approximately 6.54 billion RMB) for the company in Q3 (April-June), and hinted that this figure could be higher in the coming quarters. Apple declined to disclose whether it would raise prices or pass costs onto consumers