Trump: Tesla Factory in India Unfair to US

By By Rediff Money Desk, Washington
Feb 20, 2025 11:26
President Trump says it would be unfair to the US if Tesla built a factory in India to avoid tariffs, calling India's tariffs the highest in the world.
Photograph: Reuters
Washington, Feb 20 (PTI) President Donald Trump has said if Elon Musk's Tesla built a factory in India to avoid that country's tariffs, it would be unfair to the US.

Trump's comments came amid moves by him to increase tariffs significantly.

On February 13, hours before Prime Minister Narendra Modi's bilateral meeting with Trump at the White House, the US President announced reciprocal tariffs.

Trump in a recent interview with Fox News' Sean Hannity said during their meeting he told Prime Minister Modi that India charges the highest tariffs in the world.

Trump said it is "impossible" for Musk to sell a car in India.

"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," he said.

"..If he (Musk) built the factory in India, that's okay, but that's unfair to us. It's very unfair," Trump said in the interview.

Musk, who heads the Department of Government Efficiency, was also present during the interview.

A few days back, electric carmaker Tesla opened recruitment for various roles in India, including business operations analyst and customer support specialist.

The move is viewed as a sign of the company's entry into the country.

As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.

Trump during the interview said he discussed the issue of tariffs with Modi.

“I told Prime Minister Modi… Here's what you do. We are going to… be very fair with you.”

When asked if the tariffs India charged were 36%.


Trump said, “Much much higher.”

Musk said, "It's 100 per cent on — auto imports are 100 per cent."

‘Here's what we're going to do: reciprocal. Whatever you charge, I'm charging,'” President Trump said.

“He (Modi) goes, ‘No, no, I don't like that.' ‘No, no, whatever you charge, I'm going to charge.' I'm doing that with every country.”

Musk replied by saying, "It seems fair.
Source: PTI
Read More On:
trumpteslaindiatariffsmuskfactorymodiustrade
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

India Fruit Exports Surge 47% in 5 Years: Govt

Indian fruit exports have increased by 47.5% in the last five years, driven by free...

INOX Air Products Launches First Green Hydrogen...

INOX Air Products commissions its first green hydrogen plant at Asahi India Glass...

Sebi Extends Cybersecurity Framework Deadline...

Sebi has extended the deadline for regulated entities to adopt a cybersecurity...

Sebi Delays Intra-day Position Limit Penalties

Sebi postpones penalties for breaching intra-day position limits for index derivatives,...

Nayara Energy Appoints Deepesh Baxi as CFO

Nayara Energy, India's largest private fuel retailer, has appointed Deepesh Baxi as its...

Bullion Rates Today: Gold, Silver Prices in India

Get the latest bullion rates for gold and silver in India. Check today's prices for...

Federal Bank Acquires Additional 4% Stake in...

Federal Bank has signed an agreement to acquire an additional 4% stake in Ageas Federal...

India Gold Imports: 48 Countries, Duty Details...

India imported gold from 48 countries in 2023-24. Learn about import duties, FTA...

India-UK FTA to Boost Leather, Textile,...

India's proposed free trade agreement with the UK is expected to significantly boost...

Indian Stock Market Gains 5% in FY25, Investors...

Indian stock markets surged over 5% in FY25, boosting investor wealth by Rs 25.90 lakh...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com