Trump will fight with china, india will become America's brother...
Amid the trade tension between America and china, good news has come for India. According to government data, India's exports to America increased by 5.57 percent to $ 59.93 billion in the first nine months (April-December) of the financial year 2024-25. This increase was further accelerated to 8.49 percent in December, with total shipments worth $ 7 billion. The increasing demand for indian products in the US market is the main reason for this increase.
Imports also improved
Along with exports, imports from America have also increased. During April-December, imports increased by 1.91 percent to $ 33.4 billion. At the same time, during December, imports increased by 9.88 percent to reach $ 3.77 billion. These figures clearly indicate that trade relations between india and America are continuously getting stronger.
india will benefit from the China-US trade war
Experts believe that india can benefit greatly from the trade tension between the US and China. The imposition of tariffs on china by the trump administration can open up more opportunities for indian producers in the US market. Currently, the US is India's largest trading partner. The US's share in India's total goods exports is about 18 percent, while it is more than 6 percent in imports. Talking about bilateral trade, the US's share in it is close to 11 percent.
There are some challenges ahead too
However, some experts have also expressed concern that if the US imposes additional tariffs on indian products, it may affect trade. Last year, trump had questioned indian tariff policies and said that india imposes higher tariffs on American products. In response to this, he had talked about increasing tariffs on indian goods.
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