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Trump Trade : china courts India After USTariffs.
6 months ago
2
Trump Trade War: China Courts India After US Tariffs | Vantage with Palki Sharma | N18G
As U.S. President Donald Trump slaps 245% tariffs on China, Beijing is scrambling for alternatives. And India tops that list. Chinese firms like Haier and Shanghai Highly are lining up to invest under India’s rules, hoping to tap into a crucial market. President Xi is making diplomatic overtures, fast-tracking visas, and pitching a “dragon-elephant tango.” But India isn’t playing along just yet. Commerce Minister Piyush Goyal has rejected BYD’s proposal and warned that “trusted partners” will get priority. Meanwhile, New Delhi is setting up a monitoring unit to stop Chinese rerouting of goods — signalling strategic caution amid global trade tensions.
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