Asked how the US could rebuild alliances, Zakaria points to India as the example of de-risking manufacturing away from China through a long-term technology partnership. The figures are his own claims.
…And they hooked up with TARTES, which is one of the best companies in India. Three years ago, zero iPhones were made in India. Today, every new iPhone in America is made in India. 25% of all smartphones are made in India. This is essentially from almost a zero-standing stock. Every new iPhone
is made in India?
Every new iPhone that sells in America, the new models, exactly. I did not know that. And this is in three years. And the reason is only India has the scale that you could, you know, that can offset China. If you really want to de-risk yourself from an excessive reliance on China, whether it's with railroads, whether it's with Illume, whatever it is you're looking for, you're going to have to do it with many countries, Mexico, Vietnam, Malaysia. But India has the scale that allows you to do stuff like I just described. Nobody else could have gotten to the point where 25% of all smartphones manufactured sold in the United States are now made in India in three years, right? Because it's 1.4 billion people and a large number of technically trained people. But you need to do things like that. We have this deal with the Australians, AUKUS, to sell them three submarines. They are all convinced that Trump is essentially delaying that process and that they'll never get their submarines. So they'll have…
We'll be right back.
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