Apple rapidly shipped five planeloads of iPhones and other products from India to the US in late March to avoid new tariffs, ensuring steady prices temporarily. This pre-tariff move helps delay global price revisions. Other exports like gems and jewellery also surged to capitalize before the tariffs took effect. March exports are estimated to surpass $800 billion.
I get that - again, not trying to shill for Apple here. My point is that it sets an incredibly dangerous and overt precedent if it ends up panning out like that.