Business Standard

Letter to BS: Trade war to Coronavirus, China's loss is India's gain

For India again, the US is a major exporting destination and India's share in US imports jumped slightly from 2.2 per cent in 2018 to 2.3 per cent in 2019.

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Business Standard
A US-China trade war, the coronavirus outbreak and US President Donald Trump’s visit to India are insisting factors for India to surpass China. Firstly, the trade war has negatively affected the trade relations between these two nations. The US has restricted imports from China through innumerable tariffs and duties. The US has been a major destination for goods manufactured in China so far. However, the share of Chinese goods going to the US has declined from 21.6 per cent in 2018 to 18.4 per cent last year. For India again, the US is a major exporting destination and India’s share

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