![\"Easing](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/this-is-an-ai-generated-image-used-only-for-representative-purpose.jpg\")
India’s electronics sector could face a setback as trade tensions between US and China have eased after the Busan meeting between the presidents of two nations ended with ‘great success’.The electronics sector has raised alarm over potential threats to its global competitiveness after the tariffs on Chinese goods were reduced. The industry has urged the government to continue the supportive measures to deal with the impact.<\/p>\n
\u2018FOOLS\u2019: Trump Promises To Pay $2,000 Tariff Cheque To Americans, Sends Shockwaves In US<\/p>\n
The US had recently cut fentanyl tariffs on China from 20% to 10%, effective from November 10, after a marathon discussion between US President Donald Trump and Chinese President Xi Jinping on October 30. Industry leaders have cautioned that this move narrows the cost advantage India has gained in the international market, ET reported. In a November 6 letter to the government, the India Cellular and Electronics Association (ICEA) highlighted the concern, noting that the tariff reduction has \u201csharply narrowed India\u2019s relative cost advantage by 10 percentage points.\u201d The association further added that \u201cif sustained or further relaxed, this development could materially affect India\u2019s export competitiveness, investment attractiveness and production momentum under the production linked incentive (PLI) scheme.\u201d ICEA, which represents companies such as Apple, Google, Motorola, Foxconn, Vivo, Oppo, Lava, Dixon, Flex and Tata Electronics.The electronics sector has emerged as one of the biggest successes of the Make in India initiative. The association also pointed to wider global trade dynamics. With the US offering China more favourable terms, the country, long seen as America\u2019s main trade rival, may no longer face a tariff disadvantage relative to India and other exporters. This shift is partly aimed at curbing inflation within the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"India’s electronics sector could face a setback as trade tensions between US and China have eased after the…\n","protected":false},"author":2,"featured_media":275682,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,130696,160060,160058,160059,130233],"class_list":["post-275681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-global-competitiveness","tag-india-cellular-and-electronics-association","tag-india-electronics-sector","tag-tariff-reduction","tag-us-china-trade-tensions"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/275681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=275681"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/275681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/275682"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=275681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=275681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=275681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}