How Trump’s Tariffs Are Crushing Apple’s ‘Make In India’ Dream

India’s quest to become a major iPhone manufacturing hub has encountered a significant obstacle. The US has imposed “reciprocal tariffs” on over 180 countries, including India, which has been slapped with a 26% tariff. Although this rate is lower than China’s 54% and Vietnam’s 46%, Indian officials are still concerned about the impact on the … Read more

India Eyes Opportunity Despite Trump Tariffs Hit

India on Thursday reacted cautiously to US President Donald Trump’s sweeping tariffs with exporters saying the flat 26 percent on exports imposed on fifth-largest economy could have been far worse. Indian stocks fell at the open of trading on Thursday, with the benchmark Nifty index trading nearly 0.3 percent down in morning trading. Trump said … Read more

What Trump Told PM Modi Over Reciprocal Tariffs

Washington: While announcing his country’s “reciprocal tariffs” on those who tariff the United States, Donald Trump recalled his brief remark to Prime Minister Narendra Modi regarding trade ties with India, when the two leaders met in Washington recently. “You’ve not been treating us right,” he recalled as saying to PM Modi, when he spoke about … Read more