
There has been a panic in many countries since Donald Trump became the President of America for the second time. Especially Trump’s ‘Tariff War’ has shook China, Canada and Mexico. At the same time, Indian exports are quite happy with this decision of Trump, because Trump has exempted India from tariff.
Indian Exports says that by imposing customs duty on imports from China, Canada and Mexico by the US, there have been big opportunities for India to export America. This tariff of America will have a major impact on the exports to the US from China, Canada and Mexico, as this will increase the prices of their goods in the US market, which will make them less competitive.
Indian exports are of great advantage
The major organization of exports Ajay Sahai, Director General of Federation of Indian Exports Organizations (Fio) said, “& lsquo; & lsquo; These steps can create opportunities for Indian exports, as American buyers will seek alternative suppliers to avoid high cost . ‘ Also told how much benefit will be, it will depend on India’s manufacturing capacity and competition.
Fio Director General Ajay Sahai said, & lsquo; & lsquo; The areas that are likely to benefit include electrical machinery and parts, vehicles, mobiles, forma, chemicals, apparels and clothes. >
China and Canada upset with a signature by Trump & nbsp;
Actually, US President Donald Trump on Saturday signed an order to impose strict duty on imports from Mexico, Canada and China, fulfilling an election promise, but the possibility of rising prices for American consumers increased. & Nbsp;