New Delhi, May 24 -- US President Donald Trump on Friday announced that the US plans to impose a 25% tarriff on iPhones sold in the country if they are manufactured in India or anywhere else in the world. Now, a new report from Global Trade Research Initiative (GTRI) has emerged that states that even if the US were to implement such a tariff, the cost of manufacturing iPhones in India would still be much lower compared to if the devices were made in the US.

President Trump had also revealed earlier this month at the Doha summit that he had asked Apple CEO Tim Cook to halt the iPhone assembly expansion plans saying, "I don't want you building in India... They can take care of themselves,"

The GTRI report highlights that assembly workers ...