
NEW DELHI : Indian exports of smartphones, laptops and other electronics to the US are expected to become 20% cheaper as compared to those from China, after the Trump administration removed tariffs on a range of consumer electronics, industry body ICEA said.
The move, announced over the weekend, is seen as a major boost for India’s rapidly growing electronics manufacturing sector. The US decided to exempt smartphones, tablets, laptops, flat-panel monitors and certain semiconductor components from the reciprocal tariffs imposed earlier on countries like China, India, and Vietnam.The exemption implies that India and Vietnam now . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.


You cannot copy content of this page