President Trump signs executive order to add an additional 10% tariff on China

[LungiLingaraju]

Just now, appusri said:

Yeah..there you go. They will use AI anyway. They don't send their jobs to India out of pity for us. It is just economically good for them. My statement was not about the jobs. It was about the consumer base. As @enigmatic mentioned in his above post, do we have fb/instagram/twitter/azure/aws/Google etc? China has version of each of those services in their country.  Those are multi trillion companies because of world wide consumer base. Thats how the US make money. Now they are imposing tariffs on what we produce (manufacturing/farm goods). Its unfair.

Got your point. Yeah India has a huge market. May be they will pay India to have a hold on Indian market .. anduke Ambani invested 3 billion in Google .. I think he also did invest in Meta too … US might put tarrif on sending money to India .. Pedha bokka adi 

[enigmatic]

4 minutes ago, LungiLingaraju said:

he also did invest in Meta too

mota bhai ni takkuva anchana vestunnaru. meta invested 5.7 Billion in reliance 

https://about.fb.com/news/2020/04/facebook-invests-in-jio/

[appusri]

11 minutes ago, csrcsr said:

No bro they have to pay taxes whatever income generatee in india, andctgey are going to enforce it

https://www.fortuneindia.com/enterprise/new-tax-bill-taxing-times-for-amazon-netflix-meta-as-digital-biz-sans-physical-presence-under-lens/120535

Saw that link earlier bro. It was introduced recently. But it doesn't say from when its going to take effect.

That article says 6% which is very low. India lo companies corporation tax 25% pay chestharu.

All other countries should do the same.

[appusri]

8 minutes ago, LungiLingaraju said:

Got your point. Yeah India has a huge market. May be they will pay India to have a hold on Indian market .. anduke Ambani invested 3 billion in Google .. I think he also did invest in Meta too … US might put tarrif on sending money to India .. Pedha bokka adi 

Adhi jarigithe full hawala nadusthadhi. It would be net loss to the remittance companies.