US President-elect Donald Trump has expressed his intention to impose significant tariffs on imports from Canada, Mexico, and China, which could potentially lead to a trade war with global economic implications.
Although India is currently not included in Trump's tariff plans, experts are closely monitoring the situation due to the potential impact on India's economy.
Key export sectors in India, such as steel, textiles, and electronics, could face significant challenges if tariffs are extended. The uncertainty surrounding Trump's approach to international trade raises concerns among Indian policymakers and businesses.