Trump's initial tariff proposals in April were lower for India than for the rival Asian garment hubs of Bangladesh, Vietnam and China. But tables turned with India now facing a 50% tariff, versus 20% for Bangladesh and Vietnam, and 30% for China.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
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.
The US president repeated his claim of brokering the ceasefire between Delhi & Islamabad within 20 days, at a White House press conference on 2028 Los Angeles Olympics.
This came after Trump accused India of buying 'massive amounts' of Russian oil and said he would 'substantially raise the tariff paid by India to the USA'.
India keeps falling into ‘great power’ fantasy trap. Think of the 1950s, when New Delhi mistook its all-too-real potential for actual power, and China brought it down to earth in 1962.
India’s foreign policy today is driven less by Western alignment or global liberalism and more by domestic political imperatives — economic, ideological, and electoral.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
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