Apple, Other US Tech Firms Sign Letter Protesting India's PC Import Restrictions (macrumors.com) 29
Apple has joined a coalition of U.S. businesses in protest at India's sudden introduction of tech import restrictions last month, claiming the move will damage New Delhi's ambitions to become a global manufacturing hub and harm consumers. From a report: n a letter sent to U.S. officials this week, eight American trade groups asked the government to urge India to reconsider the policy, which will see the country impose a new license requirement for technology imports from November 1, covering everything from laptops and tablets to servers and datacenter components. India didn't give a reason for the change in rules, but the move is thought to be an effort to boost local manufacturing, forming another prong in Prime Minister Narendra Modi's "Made in India" campaign to encourage domestic manufacturing in the tech sector.
It's a choice (Score:4, Informative)
India wants to encourage domestic capacity. American companies don't care about that, nor do they care about the health of India's IT sector... They care about their market share, and this move reduces it.
Re:It's a choice (Score:4, Interesting)
India wants to encourage domestic capacity. American companies don't care about that, nor do they care about the health of India's IT sector... They care about their market share, and this move reduces it.
American corporations object to India enacting import restrictions but at the same time they are in the Oval Office calling for restrictions on imports from China because they don't like the competition ... hypocrisy abounds.
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In the Japan case, it was because the West wasn't successful in opening China up.
Now India is closing up is a problem for the West, because they lost access to China.
And karmically, the US (and UK soon following suit) is suffering from a fentanyl/opioid crisis with smuggling coming in from China via Mexico.
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Turns out, you can't fucking read.
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Oh wait, I assumed you asked something sane. Turns out, you can't fucking read.
I was wondering why you were so polite when they obviously didn't read the stuff.
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They can't strongarm India too much. They need it to support them against China.
Thats also why they are not doing anything to India when it is importing alot of fossil fuel from Russia. Or when it makes large profit from refining crude oil from Russia and selling it on as kerosene, vehicle fuel, etc to EU, and others.
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India made the wrong choice (Score:2)
India wants to encourage domestic capacity. American companies don't care about that, nor do they care about the health of India's IT sector... They care about their market share, and this move reduces it.
It seems like India doesn't care much either. You want to increase the Indian market share? Actually invest in Indian companies and make them competitive on a global stage. So riddle me this. Let's say I am an Indian sympathizer and wanted to buy a phone, laptop, or desktop computer that complied with this regulation. Can I do so without importing it from India? In the USA or Great Britain or anyplace in the West, can I buy Indian tech products? I am unaware of any Indian phones or computers I can bu
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Next thing we will hear is India imposing a surcharge on all companies outside of India that use it as an IT outsourcing "body shop".
These trade restrictions (Score:2)
Re: These trade restrictions (Score:2)
Re: These trade restrictions (Score:2)
Labor cost is lower than you think (Score:3)
For awhile, the US hasn't depended
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If we lose $10b to this restriction
What a sense of entitlement. That $10b was supposedly yours already, and now you've "lost" it.
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If we lose $10b to this restriction
What a sense of entitlement. That $10b was supposedly yours already, and now you've "lost" it.
If you allow blanket market distortions without reciprocity, your industries will leave for protected countries with economic advantage and you'll become a doormat.
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US companies, with billions of US dollars behind them, entering a Third World country, IS a blanket market distortion. Are you saying the Indians aren't allowed to protect their industries from unfair competition? Why do you think India just owes you $10B?
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Exactly what they should do. Large companies apply the embrace, extend, extinguish tactics. It kills local competition in a country they enter, cementing their grip on the market.
China prevented it by mandating joint ventures. India should also find a similar model to protect local businesses from being squished by those with abundant capital.
Even if US (or China, EU and others) strike back, it's still worth it.
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Trade restrictions are the worst.
Except for the Chinese trade restrictions. Those are necessary. All others are the worst (except those that are necessary).
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Deal. From now on no one in US will be able to buy Indian PCs, hell we will throw Phones and Tablets into the mix just to make you happy.
> Not by category though, by dollar volume.
ok
> If we lose $10b to this restriction, we should tax them 100% to send $10b to us
it so just happens India has trade deficit of 10B with US. ~$10B a month. Sounds like you want India to put 100% tax on American goods.
Oh dear (Score:2)
"Made in India" (Score:1)
When China has a policy to become the number one manufacturer in the world, it's suddenly about world domination and military threats.
But now that India is unilaterally banning some US imports, watch how the propaganda slowly shifts to India becoming a potential military threat.
Apple opposing something... (Score:1)