Donald Trump, Xi Jinping NEW DELHI: During their talks with negotiators from Asean, Indian officials are facing a China problem. Whenever they seek to offer any concessions as part of the review of the trade deal, they look at Chinese companies that have set up a base in the 10-member bloc.It’s a problem that is encountered by every country across …
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TOI explainer: India likely to gain as Trump tariff shake-up hits Asia – The Times of India
The US tariffs present an opportunity for India to enhance its global trade and manufacturing position. In a sweeping move on April 2, 2025, US President Trump announced a comprehensive new tariff framework aimed at reducing America’s trade deficit and bolstering domestic manufacturing. Dubbed the “Reciprocal Tariff Policy,” the plan first introduces a 10% universal tariff on all imports, effective …
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