BENGALURU -- The steep U.S. tariffs on India announced Wednesday could take some shine off the South Asian nation's appeal as an alternative to China for electronics manufacturing, with the move coming at a time when several companies, including Apple, are considering expansion in India.
Trump tariffs
Trump's India tariffs take shine off country as electronics base
New 25% levy could weigh on manufacturing plans, including Apple's
IPhone models on display at the Apple store in Mumbai. Apple is among the companies considering an expansion of electronics manufacturing in India with a view to exporting goods to the U.S. © AP
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