SAN JOSE, California: That shiny new iPhone may say "assembled in China" on the back but its origins are scattered around the world: wafers from Taiwan, modem chips and batteries from South Korea, displays from Japan, components from Europe and raw materials from Africa, Asia, Europe and the US.
Now that complicated supply chain may put Apple – the world's most valuable company – in the bull's eye as President Donald Trump and congressional Republicans consider sweeping import tariffs or a comprehensive border tax on incoming products, components and raw materials.