Trump Card launch: $5 million gold card for permanent US residency — Waiting list now open, here's how to apply
US President Donald Trump introduced a waitlist website on Thursday for a new visa programme called Trump Card. The programme seeks to provide permanent residency to foreigners willing to invest $5 million in the United States. Interested applicants can sign up at the official website, trumpcard.gov.
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Time of India
31 minutes ago
- Time of India
Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffs
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple 's efforts to bypass high U.S. tariffs imposed on China. The numbers, being reported by Reuters for the first time, show Apple has realigned its India exports to almost exclusively serve the U.S. market, when previously the devices were more widely distributed to countries including the Netherlands, the Czech Republic and Britain. During March-May, Foxconn exported iPhones worth $3.2 billion from India, with an average 97% shipped to the United States, compared to a 2024 average of 50.3%, according to commercially available customs data seen by Reuters. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kulkas yang belum Terjual dengan Harga Termurah (Lihat harga) Cari Sekarang Undo India iPhone shipments by Foxconn to the United States in May 2025 were worth nearly $1 billion, the second-highest ever after the record $1.3 billion worth of devices shipped in March, the data showed. Apple and Foxconn did not respond to Reuters requests for comment. Live Events U.S. President Donald Trump on Wednesday said China will face 55% tariffs after the two countries agreed on a plan, subject to both leaders' approval, to ease levies that had reached triple digits. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories India is subject, like most U.S trading partners, to a baseline 10% tariff and is trying to negotiate an agreement to avert a 26% "reciprocal" levy that Trump announced and then paused in April. Apple's increased production in India drew a strong rebuke from Trump in May. "We are not interested in you building in India, India can take care of themselves, they are doing very well, we want you to build here," Trump recalled telling CEO Tim Cook. In the first five months of this year, Foxconn has already sent iPhones worth $4.4 billion to the U.S. from India, compared to $3.7 billion in the whole of 2024. Apple has been taking steps to speed up production from India to bypass tariffs, which would make phones shipped from China to the U.S. much more expensive. In March, it chartered planes to transport iPhone 13, 14, 16 and 16e models worth roughly $2 billion to the United States. Apple has also lobbied Indian airport authorities to cut the time needed to clear customs at Chennai airport in the southern state of Tamil Nadu from 30 hours to six hours, Reuters has reported. The airport is a key hub for iPhone exports. "We expect made-in-India iPhones to account for 25% to 30% of global iPhone shipments in 2025, as compared to 18% in 2024," said Prachir Singh, senior analyst at Counterpoint Research. Tata Electronics, the other smaller Apple iPhone supplier in India, on average shipped nearly 86% of its iPhone production to the U.S. during March and April, customs data showed. Its May data was not available. The company, part of India's Tata Group, started exporting iPhones only in July 2024, and only 52% of its shipments went to U.S. during 2024, the data showed. Tata declined to comment on the numbers. Indian Prime Minister Narendra Modi has in recent years promoted India as a smartphone manufacturing hub, but high duties on importing mobile phone components compared to many other countries means it is still expensive to produce the devices in India. Apple has historically sold more than 60 million iPhones in the U.S. each year, with roughly 80% made in China.
Hans India
an hour ago
- Hans India
'No hard feelings': Trump accepts Musk's apology
Washington: US President Donald Trump has responded on the public apology shared by tech billionaire Elon Musk after the online feud between the two. Trump said despite the harsh words he has 'no hard feelings' and was 'really surprised' by the fallout. He further added that he doesn't "blame" Musk for the blow-up that started with the latter's criticisms of the Big Beautiful Bill. However, he maintained that he was "a little disappointed." Recently Musk admitted that he went 'too far' hoping that the tensions between him and the president might ease after a week of sharp personal attacks.
The Hindu
an hour ago
- The Hindu
Judge orders Trump to return control of National Guard to California
A judge has ordered U.S. President Donald Trump to return control of the California National Guard to the state, saying the President's decision to deploy them to protest-hit Los Angeles over Governor Gavin Newsom's objections was "illegal." "His actions were illegal ... He must therefore return control of the California National Guard to the Governor of the State of California forthwith," U.S. District Judge Charles Breyer wrote of the President in the ruling, seen by AFP. However, he paused the order until 12 p.m. local time (1900 GMT) Friday — and the White House almost immediately launched an appeal that could make it all the way to the Supreme Court. "Donald Trump will be relieved of his command at noon tomorrow," Newsom said in televised comments after the ruling was issued. "He is not a monarch, he is not a king, and he should stop acting like one," the 57-year-old Democrat said. Mr. Trump's decision to federalise the National Guard — a reserve force — and deploy them in California over the objection of the state governor was one not taken by a US president since 1965. The Republican has argued he did so because protests in Los Angeles against immigration raids ordered by his administration had gotten out of control, and the city was "burning." But Mr. Newsom and local law enforcement have stated repeatedly that there was no need for the deployment, and the protests have been mostly peaceful and contained to a few city blocks -- albeit tarnished by some spectacular violence, including the torching of several cars. Critics have accused Mr. Trump — who also deployed 700 active Marines to the sprawling city — of exaggerating the crisis and exceeding his authority to conduct a power grab. Breyer's 36-page opinion said the violence fell "far short" of the "rebellion" Trump described to justify calling in the guardsmen. There was "no evidence of organized, as apart from sporadic or impromptu, violence" during the protests, which first broke out in Los Angeles on Friday, he said. "Nor is there evidence that any of the violent protesters were attempting to overthrow the government as a whole; the evidence is overwhelming that protesters gathered to protest a single issue -- the immigration raids." Breyer also wrote that he was "troubled" by the implication that "protest against the federal government, a core civil liberty protected by the First Amendment, can justify a finding of rebellion." There was no immediate reaction from the White House to the ruling.
