The Wall Street Journal reports that by amping up manufacturing in India, 'Apple got the jump on tariffs'. It is now changing its centre of gravity—removing China from the game.
Earlier, the company announced it would invest $500 billion & hire 20,000 workers across US, a move that could help it sidestep potential tariffs on iPhones.
In 'Apple in China', Patrick McGee analyses how the American tech giant helped build China’s dominance in electronics—and passively cooperated with an authoritarian regime.
The conversation has shifted beyond India’s manufacturing capacity to the strategic risks of decoupling from China: Can ‘Made in India’ truly replace ‘Made in China’?
In a post on Truth Social, the US President wrote that he has informed Tim Cook of the tax levies if the CEO insists on building and manufacturing in India or anywhere else rather than in the States.
In Doha, Donald Trump claimed India has agreed to zero reciprocal tariffs with the US & advised the CEO not to build iPhones in the subcontinent & that the country could 'take care of itself'.
Addressing a press conference in Doha, the US president said that he encouraged Apple CEO Tim Cook to raise production in US, rather than expanding manufacturing in India.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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