Sunday, June 8, 2025

Creating liberating content

This is a representative image JAMMU: A five-year girl from

Related News

Amit Shah (File photo) NEW DELHI: Taking aim at MK Stalin, Union home minister Amit Shah said on Sunday that the Tamil Nadu chief is “correct in saying” that he

This is a representative image JAMMU: A five-year girl from Uttar Pradesh died after being hit by a rashly-driven vehicle in the busy Raghunath Bazaar on Sunday when the family

Delhi chief minister Rekha Gupta on Sunday announced that the Centre had given a green signal to infrastructure projects worth Rs 24,000 crore, aimed at easing traffic congestion and reducing

Chinese Ambassador Xu Feihong expressed optimism about the future of India-China ties on Sunday, describing the relationship as one rooted in a shared civilizational heritage spanning thousands of years. He

NASA, ISRO to launch private mission to space with Indian pilot on June 10 (ANI) WASHINGTON DC: National Aeronautics and Space Administration (Nasa) on Saturday (local time) said that as

Tata Steel will be beginning the construction of its state-of-the-art electric arc furnace (EAF) facility at Port Talbot, Wales, in July 2025, with production expected to commence by 2027. The

Trending News

Delhi chief minister Rekha Gupta on Sunday announced that the Centre had given a green signal to infrastructure projects worth Rs 24,000 crore, aimed at easing traffic congestion and reducing

Tata Steel will be beginning the construction of its state-of-the-art electric arc furnace (EAF) facility at Port Talbot, Wales, in July 2025, with production expected to commence by 2027. The

Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India’s (RBI) unexpected decision on Friday to cut the repo rate by 50 basis

India’s top listed real estate firms recorded a blockbuster performance last fiscal, with property sales surging past Rs 1.62 lakh crore, marking a jump of over 20% from the previous

NEW DELHI: Indian startups are struggling to grow due to limited domestic investment and restrictive government regulations, warned industry veteran and Aarin Capital Chairman Mohandas Pai, calling for urgent policy

The public feud between US President Donald Trump and Tesla CEO Elon Musk has turned into both a political and a Wall Street drama, raising investor concerns and exposing the

Trump told Tim Cook he doesn’t want Apple building iPhones in India

Word Count: 358 | Estimated Reading Time: 2 minutes


Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019.

Saul Loeb | AFP | Getty Images

U.S. President Donald Trump on Thursday said he told Apple CEO Tim Cook that he doesn’t want the tech giant to build its products in India, taking shots at the company’s moves to diversify production away from China and urging him to pivot Stateside.

“I had a little problem with Tim Cook yesterday,” Trump said. “I said to him, ‘my friend, I treated you very good. You’re coming here with $500 billion, but now I hear you’re building all over India.’ I don’t want you building in India.”

Trump was referencing Apple’s commitment of a $500 billion investment in the U.S. which was announced in February.

Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years, as it looks to reduce reliance on China, where around 90% of its flagship smartphone is currently assembled.

“I said to Tim, I said, ‘Tim look, we treated you really good, we put up with all the plants that you build in China for years, now you got build us. We’re not interested in you building in India, India can take care of themselves … we want you to build here’,” Trump said.

The U.S. president added that Apple is going to be “upping” its production in the United States, without disclosing further details.

CNBC has reached out to Apple.

Trump made the comments about the U.S. tech giant while discussing Washington’s broader trade relations with India.

Trump said India is “one of the highest tariff nations in the world,” adding the country has offered a deal to the U.S. where “they are willing to literally charge us no tariff.”

Under the White House’s trade protectionist policies revealed in April, Trump has imposed a so-called “reciprocal tariff” of 26% on Indian goods, which has been temporarily lowered until July.

This developing story is being updated.



Source link

Sign In

Welcome ! Log into Your Account