By: Yang Jie and Rolfe Winkler
Apple AAPL 2.28%increase; green up pointing triangle plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.
The adjustments are a short-term stopgap while Apple attempts to win an exemption from President Trump’s tariffs—which Chief Executive Tim Cook obtained during the first Trump administration. The company sees the current situation as too uncertain to upend long-term investments in its supply chain, which is centered around China, the people said.