Trump’s tariff threat, China’s retaliation leave Apple stuck between a rock and a hard place

Meanwhile, India, which relies on both a skilled workforce and high-end tech from China, is trying to develop its own electronics manufacturing abilities and cut dependence on China. At an ET Roundtable in New Delhi, Union minister Ashwini Vaishnaw said that India is ramping up domestic production in a “very methodical and sustained way”, aiming for a 38% value addition over the next five years.