In a rather shocking development for the tech company, Apple (AAPL) had reportedly had 5 planes full of iPhones flown in as the company sought to avoid new US tariffs. Indeed, the tech giant is one of many companies coping with US President Donald Trump’s new Liberation Day tariffs. The plan was announced last week with the goal of balancing trade.
According to a new report, Apple loaded a handful of cargo planes with several products. The shipments would be US-bound, traveling from India and China in late March. Moreover, they greenlit the emergency shipments to increase the company’s supply. Conversely, they are now seeking out ways to avoid increasing consumer prices amid the 10% baseline import tax.
JUST IN: 🇺🇸 Apple $AAPL flies in 5 planes full of iPhones to avoid US tariffs. pic.twitter.com/1azltCWWmh
— Watcher.Guru (@WatcherGuru) April 8, 2025
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Apple Uses Cargo Planes to Increase Supply Amid Trump’s New Tariff Plan
2025 has not been kind to some of the biggest mega-cap stocks in the world. However, those struggles hit another level in April as the Trump Administration unveiled a new baseline tariff to nearly all of its trade partners. The move has ravaged the stock market, as Apple (AAPL) shares have fallen more than 21% over the last 30 days.
Amid the new economic policy, the company is looking to help more than just its stock price, however. Specifically, Apple reportedly loaded up 5 planes full of iPhones and other products to avoid paying the new US tariffs. Moreover, the decision allowed the company to now have a “few-months” supply of products in the United States
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“The reserves that arrived at lower duty will temporarily insulate the company from the high prices that it will need to pay for new shipments under the revised tax rates,” a source said. With a majority of its products being manufactured in China, Vietnam, and India, the shipments should help keep prices low, for now.
The three nations were tariffed at 54%, 46%, and 26%, respectively, by Trump as part of his Liberation Day plan. However, for Chian, that was boosted on Tuesday. Specifically, the White House announced that the country would face an additional 104% tariff. Indeed, the East Asian nation has assured it will fight the aggressive economic policy.