US President Donald Trump voiced issues over Apple’s rising funding in India. He criticised Apple CEO Tim Cook dinner for rising manufacturing in India. He expressed frustration, citing India’s excessive tariffs, which he argued make it tough for American firms to promote merchandise there.
“I had a bit drawback with Tim Cook dinner yesterday. I stated to him, my pal, I’m treating you excellent. You’re developing with $500 billion, however now I hear you’re constructing throughout India. I do not need you constructing in India. You possibly can construct in India, if you wish to care for India as a result of India is without doubt one of the highest tariff nations on the earth, so it is rather onerous to promote in India,” Trump stated.
Whereas addressing a information convention in Doha, US President Trump additionally claimed that India had supplied the US an almost no-tariff deal on a reciprocal foundation.
“They’ve supplied us a deal the place we’re principally they’re keen to actually cost us no tariff,” Trump stated.
Earlier, it was reported that Apple is ready to transition all manufacturing of iPhones destined for the US market to India. Apple’s determination to ramp up its manufacturing in India aligns with its broader objective of diversifying manufacturing operations away from China.
In the meantime, India’s Commerce Minister Piyush Goyal’s goes to US on Could 16 to start superior commerce talks, which have been ongoing on an official stage for a while at official stage.
This go to comes submit US Vice President JD Vance’s journey to New Delhi in April in an effort to safe a bilateral commerce take care of the US.
(With ANI inputs)