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Donald Trump launches smartphone after threatening Apple, Samsung with tariffs: What T1 Phone 8002 phone's listing tells and does not

Donald Trump launches smartphone after threatening Apple, Samsung with tariffs: What T1 Phone 8002 phone's listing tells and does not

Time of India17-06-2025
President Donald Trump has unveiled his own smartphone brand, Trump Mobile, just weeks after threatening Apple and Samsung with steep tariffs unless they move production to the United States. The timing appears designed to capitalize on his "America First" manufacturing rhetoric while offering consumers a domestic alternative to foreign-made devices.
Trump's flagship device, the T1 Phone 8002 (Gold version), carries a $499 price tag and can be reserved with a $100 down payment for September delivery. The phone is marketed as "designed and built in the USA," positioning it as the patriotic choice Trump has been demanding from major manufacturers.
The launch comes after Trump's May threat to impose "at least 25 percent" tariffs on iPhones and similar devices manufactured overseas. He specifically targeted Apple CEO Tim Cook, stating that iPhones sold in America must be manufactured domestically, not in India or elsewhere. Trump extended the tariff threat to "Samsung and anybody that makes that product," as he told White House reporters, with implementation potentially beginning at the end of June. The timing appears designed to capitalize on his broader commitment to reshoring technology manufacturing.
Specifications of T1 Phone 8002: What the listing page tells and what it does not
The T1 Phone 8002 boasts some impressive hardware for its price, including a 6.78-inch AMOLED display with 120Hz refresh rate, 256GB storage, 12GB RAM, and a 5,000mAh battery. The device features three rear cameras led by a 50MP main sensor, Android 15, and notably includes a 3.5mm headphone jack, a rarity among modern smartphones.
However, the Trump Mobile website doesn't tell much about the smartphone, and displays what appears to be heavily manipulated product images. No processor is listed despite a dedicated section on the specifications page, a critical omission for any smartphone launch.
Why Trump's America-made T1 Mobile is a far-fetched reality
Industry observers note that the September delivery timeline seems optimistic given the typical 12-18 month development cycle for new smartphones. The Trump Mobile venture requires customers to place $100 deposits for pre-orders, with the remainder due upon delivery.
Trump's assertion that the phone is manufactured domestically contradicts industry consensus about smartphone production capabilities in the United States. Even Apple CEO Tim Cook has repeatedly stated that domestic iPhone production faces significant infrastructure and supply chain challenges.
Currently, virtually no smartphone manufacturers, including those based in the US, produce their devices on American soil. The complex supply chains and specialized manufacturing capabilities required for modern smartphones remain concentrated in Asia, particularly China, despite ongoing efforts by companies like Apple to diversify production to countries like India.
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Daily Briefing: Unpacking Trump's 25% blow
Daily Briefing: Unpacking Trump's 25% blow

Indian Express

time11 minutes ago

  • Indian Express

Daily Briefing: Unpacking Trump's 25% blow

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Trump's deal with Pakistan raises a big question: Does India's arch-rival really have large oil reserves? Here's what we know
Trump's deal with Pakistan raises a big question: Does India's arch-rival really have large oil reserves? Here's what we know

Time of India

time13 minutes ago

  • Time of India

Trump's deal with Pakistan raises a big question: Does India's arch-rival really have large oil reserves? Here's what we know

Trump Pakistan Deal: Donald Trump announced a new energy deal between the U.S. and Pakistan, hinting at potential oil sales to India despite recent tariffs. Pakistan's current proven reserves are modest, but seismic surveys suggest significant offshore potential. Realizing this potential requires substantial investment and could face geopolitical challenges from China. Tired of too many ads? Remove Ads What did Trump announce about Pakistan? Pakistan's current oil reserves: Modest and Overstated? Buzz around 'massive' reserves in Pakistan Tired of too many ads? Remove Ads Pakistan oil reserve: Location, geology, and optimism Pakistan's 2024 offshore oil reserve discovery claim A huge investment challenge Tired of too many ads? Remove Ads History of oil exploration in Pakistan Could Pakistan really sell oil to India? The Chinese Challenge in Pakistan Just hours after slapping 25% tariffs on India, U.S. President Donald Trump announced a new energy deal with Pakistan on Wednesday, framing it as a joint project to tap what he called the country's 'massive oil reserves.' Trump's remarks, shared on Truth Social , included a surprising hint: that Pakistan might one day sell oil to India. The bold claim has reignited debate over Pakistan's real oil potential — a subject that remains more promise than proven a post on his social media platform, Trump said the United States and Pakistan are 'in the process of choosing the Oil Company that will lead this Partnership' aimed at developing Pakistan's oil resources. Framing the deal as a future-looking energy alliance, Trump wrote, 'Who knows, maybe they'll be selling Oil to India some day!' The timing — coming just after economic penalties on India — adds geopolitical weight to the Trump's grand language, Pakistan is not currently sitting on confirmed 'massive' oil reserves. According to the U.S. Energy Information Administration (EIA) and Worldometer data, Pakistan had 353.5 million barrels of proven oil reserves as of 2016, placing it 52nd globally and accounting for just 0.021% of the world's total reserves. At current consumption levels (about 556,000 barrels per day), these reserves would cover less than two years of domestic demand without imports or new oil production in Pakistan hovers around 88,000 barrels, far below national consumption, forcing the country to import about 85% of its comment may be based on recent geological surveys in Pakistan's Offshore Indus Basin, where seismic data has pointed to potential hydrocarbon formations. A three-year survey, conducted with support from a 'friendly country,' identified large underwater structures with oil and gas signatures. Some speculative estimates suggest these could rank among the world's top four reserves, after Venezuela, Saudi Arabia, and these claims are not yet substantiated. No commercial drilling has confirmed the presence, size, or quality of these resources. Experts warn these are not reserves in the technical sense, as they lack development plans, proven recoverability, or commercial Indus Basin's geological structure, shaped by tectonic activity and rich in mudstone formations, does make it a promising zone for future oil and gas discovery. Seismic interpretation suggests thick source rocks and possible traps, but no successful offshore extraction has occurred in Pakistan so far. Past offshore attempts, such as the Kekra-1 well, failed to yield the energy ministry and the state-run Oil and Gas Development Company Limited (OGDCL) are hopeful that with foreign investment and advanced exploration, this picture could early 2024, Pakistan's Ministry of Energy made headlines by announcing the preliminary results of a multi-year offshore seismic survey in the Offshore Indus Basin, claiming the discovery of substantial hydrocarbon Oil and Gas Regulatory Authority (OGRA) member Muhammad Arif and technical experts from state-run companies like OGDCL clarified that these formations cannot yet be classified as "reserves." In the petroleum industry, a resource is only considered a 'reserve' when it is discovered, commercially viable, and supported by a full development plan. In this case, no exploratory drilling has been carried out, and no oil or gas has been commercially extracted from these offshore 2024 claims are based on 2D and 3D seismic interpretations that point to promising structural traps and thick source rocks in tectonically active zones along the Murray Ridge, where the Indian and Eurasian plates meet. The geological setup includes potential source rocks from the Cretaceous to Miocene age, raising hopes among geologists about future these potential reserves isn't cheap. Experts estimate it could take $5 billion and 4–5 years just to confirm and begin development of the offshore sites. Infrastructure — pipelines, refineries, ports — would require even more capital. Pakistan's ongoing economic crisis, including a $126 billion external debt and a high energy import bill of $17.5 billion (2023), complicates capacity is also limited. Pakistan's existing refineries handle around 450,000 barrels per day, already strained by domestic in the 1960s with ~60 million barrels in place, though only 12–15% is in the 1980s and now contribute the bulk of Pakistan's onshore oil largest gas field, discovered in 1952, but not a source of crude legacy fields contribute to current production but are nowhere near enough to meet suggestion that Pakistan might supply oil to India someday is highly speculative. Beyond the uncertain state of Pakistan's reserves, political and logistical barriers loom large. India already secures oil from the Middle East and Russia at scale. Any energy corridor from Pakistan would require improved diplomatic ties, stable cross-border infrastructure, and verified commercial US entry into Pakistan's oil exploration space could also unsettle China, which has already made significant strategic and financial investments in the country, particularly through the China-Pakistan Economic Corridor (CPEC). Many of these projects, including energy infrastructure and port development, are concentrated in Balochistan, a province that is not only home to untapped oil and gas potential but also to a long-running insurgency and local protests against federal resource control. If the US-Pakistan oil partnership moves forward in regions like Balochistan, it could trigger geopolitical friction with Beijing, which views Pakistan as a key Belt and Road ally. Furthermore, local armed groups in Balochistan have repeatedly targeted both Chinese workers and Pakistani state infrastructure, raising questions about security, sovereignty, and the viability of any large-scale foreign-led energy project in the Trump's announcement of a joint oil venture with Pakistan has put the spotlight on a country rarely discussed in global energy circles. But there's a long road between promise and production. Until exploratory drilling confirms the size and quality of these formations, Pakistan's oil future remains speculative. For now, the Trump-Pakistan deal is more about strategic positioning than proven petroleum of 2016, Pakistan has 353.5 million barrels of proven oil reserves, placing it 52nd in the produces approximately 88,000 barrels per day, far below its daily consumption of over 550,000 yet. Seismic surveys in the Offshore Indus Basin suggest potential reserves, but no commercially viable discoveries have been $5 billion and 4–5 years of exploration, drilling, and infrastructure investment are required just to begin commercial highly speculative and would require confirmed reserves, production scale-up, and improved diplomatic and trade relations between the two countries.

Textile, pharma to jewellery — Top sectors that may feel the pinch first from Trump's 25% tariff on India
Textile, pharma to jewellery — Top sectors that may feel the pinch first from Trump's 25% tariff on India

Mint

time13 minutes ago

  • Mint

Textile, pharma to jewellery — Top sectors that may feel the pinch first from Trump's 25% tariff on India

Trump tariffs on India: US President Donald Trump on Wednesday declared a 25 per cent tariff on Indian goods, effective August 1, citing India's "obnoxious" trade barriers and close ties with Russia for defence and energy. The move, though not entirely unexpected, has triggered unease among Indian policymakers, exporters, and market participants, given the ambiguity around additional penalties Trump promised for India's Russian transactions. In a press statement, Trump referred to India as a 'friend' but argued that it imposes some of the highest tariffs on US goods and continues to enforce non-tariff barriers that are "unreasonable." He added that India's energy and defence cooperation with Russia, especially amidst the ongoing Ukraine war, 'empowers Moscow' and must be penalised. However, the details of the penalty for these transactions were not disclosed. In its first response to the announcement, the Indian government stated that it had 'taken note' of the new duty and is 'studying its implications.' It reiterated its commitment to a 'fair, balanced, and mutually beneficial' trade agreement with the US, signalling hope that diplomacy may temper the impact. Industry experts believe the immediate impact will be most visible in export-heavy sectors. Colin Shah, MD at Kama Jewellery, said the decision comes as a 'big blow' to India's gem and jewellery industry, one of the country's largest export contributors. 'The US is a critical export market. A 25 per cent tariff is bound to reduce the competitiveness of Indian goods, especially gems and jewellery, which are already under pressure due to prolonged geopolitical tensions involving Russia, Ukraine, and the Middle East,' Shah noted. He further added that Trump's return to political prominence and his unpredictable stance on trade have reignited uncertainty in Indian markets. 'We expect trade with the US to remain muted in the near term. However, all eyes are now on the sixth round of India-US Bilateral Trade Agreement talks, scheduled for late August, which may provide clarity,' Shah said. Meanwhile, Nuvama has also cautioned that India's export-driven sectors may face turbulence. In its latest commentary, the brokerage estimated that India's goods exports to the US — valued at approximately $87 billion — could be significantly impacted. These exports account for nearly 20 per cent of India's total goods exports and around 2.5 per cent of GDP, underlining the weight of the US as a key trading partner. While the direct blow to India's GDP may be limited due to the modest overall share of US exports in the country's economic output, the implications across sectors such as textiles, pharmaceuticals, electronics, agri-products, and machinery are likely to be substantial, Nuvama said. Nitin Bhatt, Technology Sector Leader, EY India, said, 'While the Indian IT services sector isn't directly hit by the newly announced 25% US tariffs, the ripple effects could be substantial. Rising input costs may prompt US companies to scale back discretionary tech spending. Simultaneously, growing unease around workforce mobility and evolving digital taxation frameworks could redefine how cross-border services are priced and delivered.' Nuvama further noted that these developments may heighten investor caution. The elevated tariffs could lead to increased risk aversion among foreign institutional investors, especially at a time when India's domestic consumption remains subdued. Sectors such as pharma, auto ancillaries, industrials, and tiles — which are heavily reliant on US demand — could witness notable volatility. Small- and mid-cap segments, along with high-beta sectors like real estate and NBFCs, might see more intense pressure due to the risk of capital outflows. On the contrary, a depreciating rupee may benefit IT services firms, which tend to perform well in weak currency environments. Given that IT valuations are currently subdued, Nuvama expects this space to potentially outperform in the near term. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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