America-China Trade War: The trade war between the US and China has started after US President Donald Trump imposed tariffs on China. Experts believe that in such a situation Indian exporters can benefit from increasing their shipments in the US market. India is expected to increase a significant increase in exports. According to PTI news, India was the fourth largest beneficiary when the US imposed a high tariff on Chinese goods during the first term of US President Donald Trump.
Huge export opportunities for India in America
According to reports, sources said that after returning to power, Donald Trump on Saturday signed an order to impose heavy duty on imports from China. This fulfilled the electoral promise, but the possibility of price increase for American consumers increased. Exporters say that India imposes customs duty on imports from China gives India a big opportunity to export the US. These tariffs will affect the exports from China to the US from China, as they will increase the prices of Chinese goods in the US market, making them less competitive.
The possibility of benefiting these areas in exports
Ajay Sahai, Director General of the federation of Indian export organizations, said that the move could create opportunities for Indian exports due to the impact of trade deviation, as American buyers will look for alternative suppliers to avoid high cost. He said that the limit of profit depends on India’s manufacturing capacity and competitiveness. Sahai said that areas that are likely to benefit include electrical machinery and components, auto components, mobiles, pharma, chemicals, apparel, clothes etc.
During April-November 2024-25, bilateral trade in goods was US $ 82.52 billion (export at US $ 52.89 billion, imports at US $ 29.63 billion and trade surplus 23.26 billion US $), making it India’s second largest trading partner .
