U.S. president Donald Trump signs bill ending partial government shutdown
U.S. President Donald Trump on Tuesday (3 February) signed a spending deal into law that ends a partial U.S. government shutdown and gives lawmakers t...
Apple has airlifted 1.5 million iPhones from India to the U.S. to avoid Trump’s steep China tariffs, using chartered flights and fast-tracked customs clearance in Chennai as it boosts Indian production and shifts its global supply chain.
Apple has reportedly airlifted around 600 tonnes of iPhones, roughly 1.5 million devices from India to the United States in a strategic move to bypass mounting tariffs imposed by U.S. President Donald Trump.
According to sources, the tech giant chartered six cargo flights from Chennai, India, after scaling up production at its Foxconn facility. The operation was designed to beat the 125% tariff on Chinese imports, which threatens to significantly inflate the cost of iPhones in the U.S. The same device imported from India is currently subject to a 26% tariff, substantially lower and now temporarily paused.
To facilitate the urgent shipments, Apple lobbied Indian authorities to streamline customs clearance in Chennai, reducing processing time from 30 to just 6 hours via a specially created “green corridor.” The company also ramped up production by extending plant operations to Sundays.
India now accounts for around 20% of Apple’s U.S. bound iPhone exports, signalling a shift in its supply chain diversification away from China. With Foxconn and Tata expanding production capabilities in India, Apple’s long-term strategy to counter tariff pressures while maintaining competitive pricing is taking shape. Apple and Indian officials have not yet commented on the reports.
Heavy snow continued to batter northern and western Japan on Saturday (31 January) leaving cities buried under record levels of snowfall and prompting warnings from authorities. Aomori city in northern Japan recorded 167 centimetres of snow by Friday - the highest January total since 1945.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Early voting for Thailand’s parliamentary elections began on Sunday (1 February), with more than two million eligible voters casting ballots nationwide ahead of the 8 February general election, as authorities acknowledged errors and irregularities at some polling stations.
At least 12 people were killed and seven wounded after a Russian drone struck a bus carrying miners in Ukraine's southeastern Dnipropetrovsk region, government officials said on Sunday (1 February).
Wall Street ended sharply lower on Tuesday as investors worried about AI creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment