Trump says unfair to US if Musk builds factory in India

Trump

Reuters

2/19/20251 min read

NEW DELHI, Feb 19 (Reuters) - U.S. President Donald Trump has said that if Tesla (TSLA.O), opens new tab were to build a factory in India to circumvent that country's tariffs, it would be "unfair" to the U.S., in an interview with Fox News which aired on Tuesday.

Trump called out India's high duty on cars during Prime Minister Narendra Modi's visit to the U.S. last week, but agreed to work towards an early trade deal and resolve their standoff over tariffs.