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India's iPhone, smartphone exports to US have 20% tariff edge over China after exemption: Industry
Economic Times
·
3m ago
Medial
India's smartphone and electronic exports to the US, including iPhones, will be 20% cheaper than those from China, thanks to US tariff exemptions. This shift, driven by the Trump administration's policy amendments, offers a significant cost advantage for Indian exports. The move provides timely relief to the global tech industry, potentially making India a preferred manufacturing hub. With India’s mobile exports surging, the country stands to benefit from further scaling operations in global electronics value chains.
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US tariff to hit iPhone production expansion, electronics exports
Economic Times
·
7d ago
Medial
US President Donald Trump's 25% tariff on Indian imports may hinder Apple's iPhone production expansion and electronics exports. The tariff, alongside Chinese restrictions on critical components, poses a challenge for India's electronics manufacturing sector, potentially impacting exports and increasing production costs. While Apple plans to grow its iPhone production in India, meeting US demand requires significant expansion. Experts emphasize the need for India to reduce dependencies and diversify its electronics export markets.
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Meity in touch with commerce ministry to find way around Trump tariffs
Economic Times
·
5m ago
Medial
Facing potential US tariffs, India's electronics and IT ministry is in talks with the commerce ministry to address reciprocal trade issues, potentially lowering duties on US smartphone imports. This move is amidst stakeholder consultations and industry recommendations to eliminate duties on US-imported electronics. The US market is vital for India's export growth, yet impending reciprocal tariffs could impact competitiveness, pushing global supply chains away from India if not addressed. India's electronics exports heavily rely on tariff-free access to the US market.
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Apple exports 97.6% of iPhones to US from India amid tariffs: Report
Economic Times
·
3m ago
Medial
Apple increased its iPhone exports from India to the US due to impending tariffs on Chinese imports. In March 2025, 97.6% of iPhones exported to the US were from India, as Apple shifted production from China to India. S&P Global reported a 219% rise in exports, driven by tariff concerns. Despite reliance on Chinese components, Apple plans to centralize US-bound iPhone production in India by 2026, leveraging local incentive schemes and expanding manufacturing facilities.
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High US tariff comes 'shocking'; to hit India's shrimp exports: Agri-economist Ashok Gulati
Economic Times
·
7d ago
Medial
India's shrimp exports are expected to be significantly affected by a new US tariff of 25%, which includes penalties starting August 1, according to agri-economist Ashok Gulati. Trump's unexpected decision is seen as punitive and will likely benefit Equador, which faces lower tariffs. India's shrimp exports, a vital component of its seafood sector, have a significant market in the US, making this tariff particularly impactful. The tariff also influences Indian textile exports to the US.
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US-China trade war sends India’s electronics imports soaring 27.5% in May, raises dumping risks
Business Today
·
1m ago
Medial
India's electronics imports surged by 27.5% in May, highlighting increased dumping risks amid the US-China trade war. Meanwhile, India's exports to the US grew significantly by 17.3% to $8.8 billion, with the rise largely driven by stronger smartphone exports. The escalating trade tensions have created shifts in global supply chains, offering India both challenges in managing imports and opportunities in increasing its export share to the US market.
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Donald Trump tariffs marginally favourable for Indian smartphone exports: Crisil
Economic Times
·
3m ago
Medial
US tariffs, particularly those initiated by President Donald Trump, may slightly benefit India's smartphone exports. While U.S. tariffs on Chinese imports stand at 245%, Indian exports face a lower tariff of 26%. This could make Indian-made smartphones more competitive, despite being priced higher than Chinese ones. However, such tariffs may increase U.S. inflation and push global manufacturers to seek markets with lower tariffs, potentially impacting India's export boost in the longer term.
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Chinese smartphone exports to US plunge to lowest since 2011
Economic Times
·
2m ago
Medial
Chinese smartphone exports to the US fell to their lowest since 2011, driven by US tariffs on imports. Smartphone exports dropped 72% in April, highlighting disruptions in tech supply chains and fears of a global trade war. The US-China trade tensions were exacerbated by sanctions and talks over high-value exports. Meanwhile, Apple's production in India has increased, underscoring a shift in manufacturing locations as production in the US remains unfeasible.
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Manufacturers in India not overly concerned with US tariffs: IT Secretary S Krishnan
Economic Times
·
4m ago
Medial
Indian electronics and IT manufacturers are not overly concerned about recent US tariff hikes, though future implications depend on developments. The US imposed an additional 26% tariff on Indian goods, but tariffs are higher for competitors like Vietnam and China. Indian manufacturers maintain a competitive edge due to a focus on scale, quality, and 'Make in India' incentives. The situation is seen as an opportunity to enhance India's role in the global supply chain.
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MeitY wants tariff shield for electronics exports - The Economic Times
Economic Times
·
8d ago
Medial
India is seeking a tariff shield for its electronics exports, primarily reliant on the US market, to avoid being grouped with major exporters like China. The Ministry of Electronics and Information Technology (MeitY) has urged the Commerce Department to advocate for more favorable tariffs amid ongoing US-India trade discussions. India aims to enhance its burgeoning electronics sector under government support, overcoming potential tariff barriers that may arise from US trade policies targeting exports from Asia.
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Trump's 25% tariff may put pressure on India’s gem and jewellery exports
Economic Times
·
7d ago
Medial
The recent imposition of a 25% tariff by the US on India’s gem and jewellery exports, effective from August 1, is expected to significantly impact the industry. This steep tariff raises concerns about reduced orders, inflated costs, squeezed profit margins, and potential job losses, particularly in Surat's diamond hub. India's gem and jewellery trade, already reeling from a previous 10% tariff, faces heightened challenges as exporters struggle with price negotiations and survival concerns.
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