In Doha, former President Donald Trump remarked that India had offered the United States a zero-tariff agreement, marking a significant change from his characterization of India as one of the world's highest tariff nations. He emphasized that Apple could manufacture in India solely to serve the Indian market and not for export to the U.S. Trump insisted that Apple should bring its production back to the United States and cautioned CEO Tim Cook against further expanding manufacturing operations in India.
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00:00We have Apple, as you know, that's coming in.
00:03And I had a little problem with Tim Cook yesterday.
00:06I said to him, Tim, you're my friend, I treated you very good.
00:08You're coming in with $500 billion, but now I hear you're building all over India.
00:12I don't want you building in India.
00:13You can build in India, if you want, to take care of India.
00:17Because India is the highest, one of the highest tariff nations in the world.
00:22It's very hard to sell into India.
00:23And they've offered us a deal where basically they're willing to literally charge us no tariff.
00:33So we go from the highest tariff, you couldn't do business in India.
00:37We're not even a top 30 in India because the tariff is so high.
00:41To a point where they have actually told us, I assume you too, Scott, you were working on that also, that there will be no tariff, right?
00:49Would you say that's a difference?
00:50They're the highest and now they're saying no tariff.
00:52But I said to Tim, I said, Tim, look, we've treated you really good.
00:56We've put up with all the plants that you built in China for years.
01:01Now you've got to build us.
01:02We're not interested in you building in India.
01:05India can take care of themselves.
01:06They're doing very well.
01:07We want you to build here and they're going to be upping their production in the United States, Apple.
01:13So Apple's already in for $500 billion, but they're going to be upping their production.
01:17So it'll be great.
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