Trump's tariffs: Mobile makers assembling phones in India set to gain

In many other countries, including Saudi Arabia, Brazil, Turkiye, Egypt and the UAE, the US has imposed a reciprocal duty of only 10 per cent

 

India could gain a competitive advantage over key global rivals — China and Vietnam — in exporting smartphones to the United States, led by companies like Apple Inc. However, it might also face the risk of losing future business for assembling phones if global smartphone companies decided to shift production to countries like Brazil, Turkiye or Saudi Arabia, which now attract lower US duties. 

The US administration announced new reciprocal tariffs early Thursday morning India time. While India now faces a 27 per cent tariff on exports to the US, China’s tariff has increased to 54 per cent from