US hits China with 100% tariffs! Will it benefit India? Here’s what experts say

News Snapshot:

Indian exporters are poised to benefit from increased US tariffs on Chinese goods, potentially shifting demand towards India. Experts believe this escalation, with the US imposing a 100% additional tariff on Chinese imports, will create a level playing field and open significant export opportunities for India in the American market. Indian exporters may benefit from the ongoing tensions between the US and China, using the opportunity to increase their shipments to the American market, according to exports. Federation of Indian Export Organisations (FIEO) President SC Ralhan said that the higher tariffs imposed by the US on Chinese goods could shift...