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Trump claimed in an interview with Fox news that high tariffs have allowed foreign nations, especially india, to take advantage of the United States.
"Every nation in the world exploits us, and they use tariffs to do it," trump stated. For instance, they make it very hard for Musk to sell cars in India.
The US president stated that while Musk's desire to establish a factory in india is acceptable, it is extremely unfair to the United States.
Elon Musk, who was also in the conversation with trump, supported the President's position by saying that India's policy of charging 100% import tariff on cars "frustrates" international manufacturers.
Musk remarked, "The tariffs are like 100 percent,"
Trump has already declared his support for reciprocal tariffs. "I told prime minister Modi yesterday, 'Here's what we're going to do: reciprocal,'" trump stated. I'm charging whatever you charge.
Tesla has recently started recruitments and also finalized the showroom places in mumbai and Delhi. Let's see what happens!