New Delhi, April 14 -- Electronics goods and components will be spared US President Donald Trump's sweeping tariffs. This offers interim relief to Apple's supply chain globally, which is crucial for its main revenue driver-the iPhone. Is India set to benefit from it? Mint looks at the scenario:

Yes. Apple is the world's largest smartphone brand, shipping over 240 million devices and generating over $200 billion in annual revenue just from iPhone. But, none of this is made in the US-China accounts for four of every five iPhones made. As things stood before Trump's exemption on electronics, Apple's cost of making the iPhone in China could have potentially increased by 2.5x-exposing one of America's biggest tech exports to billions in impor...