Tesla in India: Trump says unfair to U.S. if Elon Musk builds factory in India
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1 month, 1 week ago

Tesla in India: Trump says unfair to U.S. if Elon Musk builds factory in India

The Hindu  

U.S. President Donald Trump has said that if Tesla were to build a factory in India to circumvent that country's tariffs, it would be "unfair" to the U.S., in an interview with Fox News which aired on Tuesday. Mr. Trump called out India's high duty on cars during Prime Minister Narendra Modi's visit to the U.S. last week but agreed to work towards an early trade deal and resolve their standoff over tariffs. Mr. Trump said it would be "unfair" to the U.S. if Mr. Musk did decide to build a factory there. Mr. Trump's plans for reciprocal tariffs on every country that taxes U.S. imports have raised the risk of a global trade war with American friends and foes.

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