Trump folded

.

This post has been edited by desmond2020: Apr 28 2025, 08:07 AM

the one matter most don't call

kesian

foxcon factory is already in india lah lol

“India also has fewer non-tariff trade barriers, obviously, no currency manipulation, very, very little government subsidies, so that reaching a deal with the Indians is much easier,” Bessent said at the Washington DC event on the sidelines of the annual World Bank and International Monetary Fund meetings.



India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress
https://www.malaymail.com/news/money/2025/0...google_vignette

Instead, many firms that participated in the programme failed to kickstart production, while others that met manufacturing targets found India slow to pay out subsidies, according to government documents and correspondence seen by Reuters. As of October 2024, participating firms had produced US$151.93 billion worth of goods under the programme, or 37 per cent of the target that Delhi had set, according to an undated analysis of the programme compiled by the commerce ministry. India had issued just US$1.73 billion in incentives — or under 8 per cent of the allocated funds, the document said.

This post has been edited by desmond2020: Apr 28 2025, 08:48 AM