Trump Hikes Tariff On India To 50%, But Apple Gets A Pass? Gift Sparks Major Uproar

Even as President Trump slapped India with a 50% tariff penalty over continued oil trade with Russia, tech giant Apple appears to have dodged the blow. Just days before Trump signed a sweeping economic order on semiconductors, Apple CEO Tim Cook presented him with a custom-made gift — a glass statue mounted on 24-karat gold, crafted by a U.S. Marine veteran. Cook called it a tribute to American craftsmanship. But the timing raised eyebrows: shortly after the high-profile gift, Apple was mysteriously exempted from the new tariff rules. Meanwhile, Trump is now threatening a 100% tariff on imported chips — a move that could shake global tech supply chains and hit India’s growing electronics sector hard.