Trump's return to the White House signals new trade policies and tensions with China

The 2024 U.S. presidential election resulted in Donald Trump's return to the White House, promising strict trade policies, especially against China. This marks a continuation of heightened trade tensions that have characterized U.S.-China relations in recent years. Trump's proposed tariffs on Chinese imports could reach 60%, aiming to reduce the U.S. trade deficit. This approach may lead to increased costs for American consumers and disrupt global supply chains, affecting industries reliant on Chinese components. The trade tensions may also impact countries connected to U.S. and Chinese supply chains, potentially reducing demand for their exports. India could see both challenges and opportunities, as U.S. import demand shifts away from China, but disruptions in supply chains may increase production costs for Indian industries.