Exim

NEWS DETAILS

Date: 06/03/2025

US high tariffs on China,Canada seen boosting Indian exports

The imposition of high tariffs on China, Mexico and Canada by the US is expected to help Indian exporters increase their shipments to the American market, according to experts. Sectors benefiting include agriculture, engineering, machine tools, garments, textiles, chemicals and leather. India was the fourth-largest gainer when the US imposed higher duties on Chinese goods during President Trump’s first tenure. The tariffs would be making exports from China, Mexico and Canada less competitive in the American market, and Indian exporters would have to tap into these opportunities, said a report.

Source: Exim News Service: New Delhi, March 5