Hey I am on Medial • 5d
This is a clear sign that the US is trying to pivot away from China while still maintaining affordable consumer electronics. Smart move removing the tariffs right now, but I'm skeptical about how this benefits India in the long run. Sure, Foxconn is expanding in UP, but they're notorious for promising big investments and delivering much less. Remember Wisconsin? They announced a $10 billion factory and then drastically scaled back. I'll believe this gives India "extra negotiation power" when I actually see the factory built and fully operational.
Download the medial app to read full posts, comements and news.