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Thursday, May 15, 2025

Informed Apple CEO Tim Cook I prefer he not establish operations in India: Donald Trump

 


Informed Apple CEO Tim Cook I prefer he not establish operations in India: Donald Trump


“I informed Tim Cook that we’re not keen on you setting up in India; they can manage on their own,” Trump stated during an event with business leaders in Qatar.


On May 15, U.S. President Donald Trump mentioned in Doha, Qatar that he had a conversation with Tim Cook, the head of Apple Inc., expressing that there isn’t a necessity to set up factories in India unless it’s exclusively for that market.


Following their discussion, Trump remarked that Apple will be increasing its production within the United States.


He also indicated that India has proposed to eliminate all tariffs on U.S. products.


“I had a little disagreement with Tim Cook yesterday. I told him, my friend, we have been very supportive of you. You're bringing in $500 billion, yet now I hear you're expanding all over India. I don’t want you to establish operations there. You can do so if it’s just for the Indian market since India has some of the highest tariffs globally, which makes selling there challenging. They (India) presented us with an agreement where essentially they are ready to impose zero tariffs. I mentioned to Tim that we have been very accommodating, enduring all the plants he operated in China for years. We’re not interested in your expansion in India. India can take care of itself,” Trump said according to CNBC-TV18 regarding their dialogue. “India is prepared to offer us a deal where they are essentially willing to charge us absolutely no tariffs,” Trump noted during his speech with business leaders in Qatar.


By the end of 2026, Apple plans to produce the majority of its iPhones sold in the United States through factories in India, and is expediting these plans to navigate the possibility of increased tariffs in China, its primary manufacturing country, a source informed Reuters last month.

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