Following accusations against India for purchasing Russian oil, the Trump administration declared its intention to impose steep tariffs on Indian goods exported to the United States. This move poses a significant threat to India, a key iPhone manufacturing hub, potentially leading to higher tariffs. In the past two quarters alone, Apple has already incurred over $2 billion in import fees due to this policy. The unpredictable nature of these tariff changes is expected to impose additional costs on iPhone manufacturers, further straining their financial health.