Trump criticizes Tesla's India factory plans as 'unfair'

During an interview with Sean Hannity, President Donald Trump expressed that Tesla's potential factory in India would be 'very unfair' to American manufacturers, pointing to India's significant tariffs that make it difficult for foreign companies to compete. Trump emphasized that countries like India impose high tariffs, such as a 100% import duty on cars, which he believes exploit the U.S. He proposed implementing reciprocal tariffs, stating that whatever India charges, the U.S. would charge in return. Elon Musk, who was also present during the interview, confirmed the challenges posed by these tariffs, which deter Tesla's entry into the Indian market. The discussion comes as Tesla is reportedly hiring for positions in India, indicating a potential shift in their strategy despite the tariff hurdles. This highlights the complexities of U.S.-India trade relations and the implications for foreign businesses operating in India.