Donald Trump’s election as US President has reignited concerns over global trade. His protectionist stance could disrupt established economic norms
Trump has pledged a 60 per cent tariff on Chinese goods and a 10 per cent tariff on imports from other regions. The WTO compliance remains questionable
Higher tariffs could slash China’s growth by 1-2 percentage points. Asian economies tied to China’s supply chain may face severe ripple effects
Asia’s integrated supply chains risk disruptions. Export declines and increased dumping from China could depress growth across the region
India’s limited integration with China may cushion the impact. New Delhi has an opportunity to position itself as an alternative export hub to the West
For India to take advantage, ambitious domestic reforms are needed. A focused strategy could help India replace China in global supply chains