India's electronics industry cites advantage over China, Vietnam in Trump's latest tariff levy
India’s electronics industry views US President Trump’s reciprocal tariff rate of 27% on the industry, set to kick in from April 9, as relatively advantageous in comparison to rival exporter nations China, Vietnam, and Thailand. Vietnam has levied a 46% tariff, China has a 34% tariff, and Thailand, which also makes some electronic components, has a 36% tariff.
The India Cellular and Electronics Association (ICEA) said India has fared well in the initial round of tariff adjustments, emerging favourably, especially when compared to key electronics export competitors such as China, Vietnam, Thailand, and Indonesia, owing to the relentless efforts of our negotiators and leaders.
While countries like Brazil and Egypt enjoy marginally better tariff outcomes, India’s positioning, particularly with China and Vietnam facing combined tariffs of up to 54-79% (China) and Vietnam at 46%, offers a valuable near-term window of export competitiveness.
“…the true long-term inflection point for India's electronics trade with the US will rest on the successful conclusion of a Bilateral Trade Agreement (BTA),” said ICEA Chairman Pankaj Mohindroo.
The India Cellular and Electronics Association of India (ICEA) represents leading mobile manufacturers in India, including Apple, Dixon, Motorola, Xiaomi, and Lava, as well as Foxconn, Flex, Dixon, and others.
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