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India could benefit from free trade in long term: Mercedes-Benz India MD & CEO

Economictimes.indiatimes.com 

Mercedes-Benz India CEO Santosh Iyer believes India could benefit long-term from the tariff war through better trade and reduced barriers, despite potential short-term shocks. While the Indian automotive sector isn't directly impacted, currency fluctuations and supply chain concerns pose challenges. Iyer anticipates a flattish growth for the luxury segment in 2025, with potential upside if trade agreements materialize.

‘Those jobs aren’t coming back’: When Steve Jobs explained why Apple won't make iPhones in the US

Economictimes.indiatimes.com 

Amidst Trump's tariffs on Chinese goods and pressure on Apple to manufacture in the U.S., a resurfaced video reveals Steve Jobs's 2011 stance that iPhone production wouldn't return to America. He cited China's unmatched manufacturing ecosystem, developed over decades, as the primary reason. Analysts estimate U.S.-made iPhones could cost over $3,000, with full production shift unlikely before 2028.