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$500 Billion U.S. Investment in India at Risk

U.S. President Donald Trump has said, “I don’t want iPhones to be manufactured in India.” In his usual aggressive tone, Trump told Apple CEO Tim Cook, “My friend! We showered you with favors — gave you tax breaks, eased regulations — and now, after promising a $500 billion investment, you're moving everything to India? That’s unacceptable to me.”

Apple had announced in February 2025 that it would invest half a trillion dollars in the U.S. over the coming years. However, the practical reality is that currently, 90% of iPhones are assembled in China, and Apple plans to shift about a quarter of that production to India over the next five years.

But now, Trump has become a major obstacle in that plan. What actually happened is this:

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