India Sees Opportunity in U.S. Tariffs
Employees work on an assembly line in the mobile phone plant of Rising Stars Mobile India Pvt., a unit of Foxconn Technology Co., in Sriperumbudur, Tamil Nadu, India, on July 12, 2019. Karen Dias/Bloomberg via Getty Images hide caption
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Karen Dias/Bloomberg via Getty Images
With the U.S. undertaking a tariff war with countries like China, India sees and opening. As goods from China sold in the U.S. get more expensive, India hopes to lure away manufacturers. But can they do that while avoiding being hit with U.S. tariffs themselves? We go to an Indian manufacturing hub to see what the strategy looks like.