Welcome to Voice of Nigeria Forum

Trump: It will be unfair to US if Elon Musk builds factory in India - Voice of Nigeria Forum

Trump: It will be unfair to US if Elon Musk builds factory in India - Buzzyforum

Trump: It will be unfair to US if Elon Musk builds factory in India

Profile Picture by Balizzle at 01:57 am on February 21, 2025
Image
President Donald Trump has said that it would be unfair to the US if Tesla were to build a factory in India to circumvent the country’s tariffs.

Trump called out India’s high duty on cars during Prime Minister Narendra Modi’s visit to the US last week, but agreed to work towards an early trade deal and resolve their standoff over tariffs.

Tesla’s CEO Elon Musk has long criticised India for having import tariffs of around 100 percent on electric vehicles, which protect local automakers such as Tata Motors in the world’s third largest auto market, where electric vehicles adoption is still at a nascent stage.


According to Trump, it is impossible for Musk to sell a car in the South Asian nation.

“Every country in the world takes advantage of us, and they do it with tariffs… It is impossible to sell a car, practically, in, as an example, India,” Trump said.

India’s government in March unveiled a new electric vehicle policy, lowering import taxes substantially to 15 percent if a carmaker invests at least $500 million and sets up a factory.

It was gathered that Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, and posted job advert for 13 mid-level roles in India.

Those behind kidnap of Bashir Saidu will pay in 2027 – El-Rufai vows
Jubilation as Ondo First Lady, Oluwaseun Aiyedatiwa reunites with husband
ps.sbs
|
Sponsored by Taboola
Microsoft Office 2024 - Black Friday Sale
Real reason I annulled June 12 election —IBB
Champions League: Guardiola names four teams that can win trophy after Man City’s elimination
SkipDiscoverRead More
Adaobi Alagwu’s family returns dowry to Tunde Ayeni amid DNA dispute
The family of Adaobi Alagwu has returned her dowry to billionaire businessman, Tunde Ayeni. The dowry was returned amid court proceedings in the ongoing
Daily Post
Microsoft Office 2024 - Black Friday Sale
Explore updated versions of Word, Excel, PowerPoint, OneNote, and Outlook for PC and Mac.
ps.sbs
|
Sponsored
Kiefer Sutherland on trial in The Caine Mutiny Court Martial
Showmax Stories
|
Sponsored
Access all TV channels anywhere, anytime
Techno Mag
|
Sponsored
How Much Does Travel Insurance Cost in the UK in 2025? See Prices!
Topicsift
|
Sponsored
Princess on a Hill: Zara forced to leak damaging photos
Showmax Stories
|
Sponsored
Real reason I annulled June 12 election —IBB
Daily Post
Nigerian Seniors Unaware They Can Work Remotely for US Companies
Ask-Albert
|
Sponsored
‘Free my son, remove beads on his neck, hands’ – 2face mother begs Natasha [VIDEO]
Daily Post
Ukraine didn’t start war – Ex- US VP Pence slams Trump
Daily Post
All TV Channels for Only $49 (Buy Now)
Techno Mag
|
Sponsored
MOST POPULAR
BREAKING: Senator Natasha grounds plenary over seating arrangement
Daily Post
MOST POPULAR
‘A Journey in Service’: IBB rakes in nearly N17bn from book launch
Daily Post
Pole Vaulter Gave Fans A Little Too Much
Novelodge
|
Sponsored
RELATED TOPICS:ELON MUSKINDIATRUMPUS
UP NEXTThose behind kidnap of Bashir Saidu will pay in 2027 – El-Rufai vows
DON'T MISSAlign your services with contemporary methods – Gov Eno charges TBAsYOU MAY LIKE
US envoy meets Zelenskiy after Trump’s jabs


Trump trolls Canada’s Prime Minister Trudeau, calls him ‘Governor’


DOGE discovered shocking amount of money going into ‘fake’ independent media – Elon Musk


US: Senate to vote on final confirmation of Kash Patel as FBI director


Trump demands denuclearisation as Russia, US, China top weapons stockpile


He’s a great guy, loaded with personality, brainpower – Trump eulogises Musk amid criticisms



https://dailypost.ng/2025/02/19/trump-it-will-be-unfair-to-us-if-elon-musk-builds-factory-in-india/

Comments

No comments yet. Be the first to reply!

( Login to Reply )