The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
Wall Street analysts who follow Apple have been looking for signs that it will be granted a tariff exemption, but so far there is no sign any companies will get one.
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
Xiaomi, which produces smartphones and consumer electronics, delivered 135,000 E.V.s last year after tapping China’s robust manufacturing supply chain.
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.
A news report says that Beijing is weighing an inquiry into the iPhone maker, underscoring Chinas options in fighting against President Trump’s tariff threat.