Oil refiners in China have stepped up purchases of Russia’s flagship crude, seizing an opportunity to take discounted cargoes relinquished by India as Washington ramps up trade tariffs against New Delhi.

White House trade adviser Peter Navarro said India's purchases of Russian crude were funding Moscow's war in Ukraine and had to stop.

Earlier this year, CEO Tim Cook said that Apple would be moving nearly all of its iPhone assembly to India to avoid tariff penalties. However, China will still be the top producer

Apple is shifting more iPhone production to India ahead of next month’s iPhone 17 launch, Bloomberg reports. The company will build all four iPhone 17 models there, and for the first time US-bound shipments for the entire lineup will come from India at launch.

Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants, as it seeks to lessen its reliance on China for US-bound models.