The president of the United States, Donald Trump, said Thursday that India had offered a commercial agreement that proposed “non -tariffs” for US goods, while expressing his dissatisfaction with Apple’s plans (AAPL.O) to invest in India.
Nueva Delhi is trying to ensure a commercial agreement with the USA. Within the 90 -day break announced by Trump on April 9 on the tariff walks for the main commercial partners.
“It is very difficult to sell in India, and they are offering us an agreement in which they are basically willing to charge us literally non -tariffs,” Trump said at a meeting with executives from the capital of Qatar Doha.
Reuters He has reported that New Delhi has offered to reduce zero tasks in 60 percent of tariff lines in a first phase of the agreement under negotiation with Washington, while offering preferential access to almost 90 % of the merchandise of India, imports from the United States.
The capital reference points of India rose to a maximum of seven months after Trump’s comment on the agreement with India.
The Ministry of Commerce of India did not respond to an email in search of comments on the proposed agreement.
Trump in Doha said that he had faced Apple CEO, Tim Cook, about the production transferred to India, since the US company moves to make most of its iPhones sell in the United States in the factories of India at the end of 2026, and is accelerating those plans to navigate potentially higher tariffs in China.
“Tim, we treat it very well, we endure all the plants he built in China for years … We are not interested in building in India, India can take care of themselves, they are doing very well, we want you to build here,” he reminded Cook, who was not at the Doha meeting.
The Prime Minister of India, Narendra Modi, in recent years has promoted India as a smartphone manufacturing center and Apple suppliers have increased production in the country.
In March, the main suppliers of India of Apple, Foxconn and Tata, sent iPhones worth almost 2 billion to the United States, a maximum of all time, to avoid the imminent Trump tariffs.
The United States is the largest commercial partner in India, with a bilateral trade for a total of about $ 129 billion in 2024. The commercial balance is currently in favor of India, which has a surplus of $ 45.7 billion with the United States.
India’s Minister of Commerce, Piyush Goyal, will direct a commercial delegation to the United States from May 16 to advance commercial negotiations, two government officials said. Reuters Tuesday.
India has some of the highest rates in the world in imports, and Trump has previously called India a “tariff abuser.”
