News / Indian exporters elated as they escape Trump's tariff plan

© Decha Anunthanapong

A glaring “target exclusion” in US president-elect Donald Trump’s initial tariff action plan has bred a sense of euphoria among Indian shippers and industry stakeholders eyeing further gains from the trade diversification in Asia.  

Mr Trump, in a public announcement last week, trained his tariff guns on China, Mexico and Canada, with an additional 10% load threatened on Chinese imports, while the neighbour countries face a 25% tariff.  

That’s good news for an Indian export trade facing demand challenges, and ...