Home / World / Trump’s Tariff Threat to Apple Signals Strategic Blow to India’s Rise As Global Manufacturing Hub
Trump’s Tariff Threat to Apple Signals Strategic Blow to India’s Rise As Global Manufacturing Hub

Trump’s Tariff Threat to Apple Signals Strategic Blow to India’s Rise As Global Manufacturing Hub

United States President Donald Trump has as soon as once more grew to become his consideration in opposition to India, this time concentrated on Apple’s choice to fabricate iPhones within the nation. In a contemporary outburst on social media, Trump issued a stern caution to Apple CEO Tim Cook, challenging the corporate shift its manufacturing from India to the United States.

Trump claimed he had previous recommended Cook that iPhones offered in the USA will have to be manufactured regionally moderately than in India or some other nation. In a publish at the social media platform Truth Social, Trump wrote, “If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.”

The tech massive recently operates 3 iPhone manufacturing gadgets within the nation and just lately introduced a contemporary funding of Rs. 13,000 crore to additional scale its production operations. In nowadays’s DNA, Rahul Sinha, Managing Editor of Zee News, analysed Trump’s 25 p.c tariff risk to Apple:

Watch Full DNA Episode Here: 

Trump’s feedback may well be observed via many as an instantaneous assault on India’s rising position in international electronics production. His observation has sparked speculations that he perspectives India’s Make in India initiative as a risk to the American trade.

Now Apple has two possible choices: both agree to Trump’s call for and transfer production to the USA, the place prices are upper, or proceed generating in India and possibility a 25 p.c tariff. According to estimates, production an iPhone in the USA would triple its price, doubtlessly elevating the cost of a Rs. 1 lakh telephone to Rs. 3 lakh. In distinction, Indian-made iPhones offered in the USA with the proposed tariff would price round Rs. 1.25 lakh. 

The key issue at the back of Apple’s India technique is decrease hard work prices, which make manufacturing a ways less expensive in comparison to the USA.




Source hyperlink

About Global News Post

mail

Check Also

Mother of murdered teenager Conner Marshall fears justice reforms

Mother of murdered teenager Conner Marshall fears justice reforms

Gwyn Loader Chief correspondent, Newyddion S4C ‘His face was once only a mass of bruising’ …

Leave a Reply

Your email address will not be published. Required fields are marked *