US IMPORT TARIFFS ON CHINA RAISE INDIA’S TRADE VULNERABILITY
CENTRE MUST CONTROL IMPORTS, INVESTMENT FROM BEIJING AFTER US CURBS
2025-04-14 11:34
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It is good to know that the government is already cautious about the possible increase in Chinese export trade and investment to India to exploit both the local market as well as to push exports to the USA taking advantage of the massive US import tariff difference between India and China. India needs to be cautious about China’s likely general merchandise export push, including automobiles, to the country to partly offset its anticipated export loss to the United States. The total US import tariff on goods from China now stands at 145 percent. President Trump had made a general announcement of 10 percent import tariff for all countries, and even higher tariffs for 60 trading partners having high trade imbalance with the US.