WSJ report says

Although Apple CEO Tim Cook expressed hope that most iPhones will eventually be made in India, the report said that while Indian factories may be able to produce specialized models, the country still lacks the necessary infrastructure and technical expertise. Apple’s stock jumped about 7% in listing trading after the report.
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Earlier, it was reported that if Apple chose to transfer additional fees to customers in its trade with China, the iPhone would be increased by 30% to 40%.
According to a joint statement issued by Geneva, the report said in Us and China that both countries will lower tariffs on each other’s products to reduce trade tensions and lower the world’s two largest economies for another three months to resolve their differences, jointly addressing 145% of U.S. taxes. Most Chinese imports will be taxed to 30% of goods on May 14, including 14% velocity, multiplied by 14% velocity, while getting 145% velocity, which is 145%, and fentanyl the Inceded nim ventanyl can be based on the 14% range, which will be 145%, and at the same time, multiplied by 145% tax rate. In a briefing on Monday, statements and officials. “We had a very strong and productive discussion on the steps of fentanyl,” said Finance Minister Scott Bessent. “We agree, neither side wants to get rid of the letter.”
The statement also said: “The parties will establish a mechanism to continue discussing economic and trade relations.” Trade Representative Jamieson Greer said the United States hopes to engage in a more balanced trade with China.