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business17h ago
Key facts: Apple faces $38B fine risk in India; Trump criticizes iPhones abroad
- Latest: India’s probe could impose up to $38 billion in fines on Apple tied to global revenue rules.
- Trump criticized Apple for producing iPhones abroad and threatened tariffs in a broader U.S. policy stance.
- Trump announced a $100 billion investment initiative in the United States, increasing the total commitment to $600 billion over four years.
- The TradingView report compiles latest news and context on Apple’s regulatory and political challenges.
- Context: The India investigation has been ongoing since 2021 and involves fines linked to global revenue rules.
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