The United States' enforcement of steep #tariffs against most of its trading partners is disrupting the global trading environment, which has pushed Asian countries to rethink their export strategy of primarily serving the #US market, focus on alternative economic partnerships https://t.co/yLTKNp5ZRC
Trump's tariffs threaten crisis for India's textile, apparel industry, unless the country can leverage its raw material advantage and new trade deals. @shinejac explains 👇 #DonaldTrump #TrumpTariffs #Textile #ApparelIndustry https://t.co/wVxzHDRxaI
New York Times Reports Donald Trump Is Moving India Closer To China 🇮🇳🤝🇨🇳
India is weighing a proposal to loosen restrictions on certain Chinese investments, with the draft framework covering industries such as manufacturing and consumer goods, the Mint newspaper reported, citing people familiar with the discussions. New Delhi has required government clearance for all investments from neighbouring countries since 2020 but is now reviewing those curbs in an effort to draw additional capital and rebuild supply chains. A Morgan Stanley India Strategy note said a thaw in India-China relations could help restore both investment flows and production networks, while Indian companies are quietly pursuing technology-transfer partnerships with Chinese counterparts. The policy rethink comes as the trade environment shifts: the Trump administration this month imposed a 25 percent tariff on Indian exports, a move that has strained New Delhi’s ties with Washington and prompted officials to diversify the country’s economic partnerships.