Experts say India may not benefit from renewed US-China trade war

moneycontrol.com

India may not benefit significantly from the renewed US-China trade war, according to experts. The recent US tariff increase on Chinese goods is only 10 percent, which may not provide enough price advantage for Indian exports. During the previous trade war, India saw a rise in exports to the US, particularly in electronics and pharmaceuticals. However, many of these exports relied heavily on Chinese imports, increasing India's dependence on China. Experts emphasize that for India to truly benefit, it must reduce its reliance on Chinese imports. Currently, many Indian industries, including construction and engineering, depend on Chinese components, limiting potential gains from the trade conflict.


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Experts say India may not benefit from renewed US-China trade war | News Minimalist