Indian manufacturers and exporters are expected to benefit from Donald Trump's potential return to the U.S. presidency. Market analysts are optimistic about the opportunities that Trump's policies could create for Indian businesses, particularly in the manufacturing and export sectors.
Despite Trump's focus on "America First," his previous actions, such as imposing tariffs on Chinese goods, may inadvertently favor Indian companies. The enhanced tariff restrictions on China and global supply chain disruptions could increase demand for Indian products, positioning them favorably in the international market.
During his first term, Trump's administration implemented multiple rounds of tariffs affecting over $380 billion in trade, resulting in an estimated $80 billion increase in taxes. As the political landscape changes, Indian businesses are well-positioned to navigate these changes and potentially benefit from the evolving trade dynamics.