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US President Trump urged Apple CEO Tim Cook not to build in India, citing high tariffs and claimed that India could manage on its own. He indicated that Apple should focus on American expansion instead.
US President Donald Trump has told Apple CEO Tim Cook that he does not want him to “build a building” and that “India can take care of himself”.
At a commercial event in Doha, the US President said he had a “slight problem” with Tim Cook. “I told him, my friend, I am treating you very well. You are coming with $ 500 billion, but now I have heard that you are building all over India. I do not want you to build in India. You can build in India, if you want to take care of India, India is one of the most tariff countries in the world, so it is very difficult to sell in India,” said it is very difficult, “said the US President said.
Trump also claimed that New Delhi had made a deal to Washington, DC and said that it would not tariff on American goods. India has not made any such announcement yet. “He (India) offered us a deal, where basically they have literally agreed to charge us a tariff.
The US President said that Apple, whose iPhones and Macbooks are sought worldwide, are ready to expand their production in the US.
Donald Trump’s elmp for Apple against manufacturing in India comes at an important time when the iPhone manufacturer is planning to transfer his manufacturing from China to expand his India’s production and transfer tariffs of Trump administration.
Earlier this month, AFP reported that Tim Cook had said that he hoped that “most of the iPhones sold in the US would do India as their original country”.
Apple currently has three plants in India, two in Tamil Nadu and one in Karnataka. One of these is powered by Foxconn, and the other two by Tata Group. Two more apple plants are in the pipeline.
At the end of March, Apple had assembled iphones worth $ 22 billion in India, increasing production by 60 percent compared to the previous financial year.
