According to sources familiar with the matter, Apple is planning to expand its manufacturing facility in Brazil in an attempt to avoid the newly imposed tariffs on China by the Trump Administration.
Trump’s newly announced tariffs include 34% on Chinese imports and 26% on Indian, two crucial markets for Apple hardware. This means that Apple will be forced to pay higher taxes and transfer that to its customers. To mitigate those high tariffs, the company is considering expanding its assembly facility in Brazil since the country faces only a 10% import tax.
Reportedly, Apple started…
