Apple has deftly managed its geopolitical risk exposure by negotiating a broad-based import tariff exemption from the Trump Administration.

Even so, the Cupertino giant has not been able to fully neutralize the impact of the US import tariffs, courtesy of its labyrinthine and sprawling global supply chain.

Apple faced $1.1 billion in tariff-related costs in its fiscal Q4 2025

Apple adopted a 2-pronged strategy to deal with US import tariffs and trade war:

It moved the primary production of its iPhones to India from China.

When the Trump administration imposed heightened import tariffs on India as well, Apple won an exemption for its products by pledging to invest $600 billion in the US over the next four years to create:

Moreover, Apple is also planning to:

As such, Apple has al

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