Apple’s iPhone exports from India to the US soared dramatically last month as it scrambled to avoid President Trump’s steep tariff on Chinese imports – but the big push could come at the expense of future growth.

Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates from a technology market analyst firm shows.

Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence from Trump's Middle East trip. Trump publicly acknowledged Nvidia's CEO Jensen Huang's presence while pointedly noting Cook's absence.

Key Takeaways Apple shares fell sharply to close out last week after President Trump threatened to impose hefty tariffs on the company if it doesn't manufacture iPhones in the U.S.The stock has closed lower for eight consecutive sessions and has lost 22% of its value since the start of the year,

President Trump is pushing Apple to manufacture iPhones in the United States, threatening a 25% tariff on imported products if they continue production in India. Trump expressed his desire for Apple to prioritize domestic manufacturing,

Apple Inc. (NASDAQ:AAPL) is reportedly pushing forward with a major supply chain expansion in India through its top manufacturing partner, Foxconn, also known as Hon Hai Precision Industry Co. Ltd. (OTC:HNHAF).

While speaking to the media later that day, Trump clarified that the tariff would apply to any company selling foreign-made phones in the U.S., not just Apple. The president said