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Date: 20/05/2025

US, China tariff truce unlikely to affect Apple’s India plan

India is watching the developments closely but is not too worried that a tariff truce between the US and China could hurt the chances of India’s electronics products on the global stage. In smartphones, despite the May 11 tariff truce, the tariff advantage which India has over China may not change. While India can export to the US at zero duty (smartphones are exempted from base duty of 10% across markets), China has to pay a 20% fentanyl duty, said a report. 
 
Source: Exim News Service; New Delhi, May 19



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