US-China Relations / Fight started between America and China, India made a strong plan

US-China Relations: There has been an earthquake in the international trade world. The possibility of a trade war between the US and China is deepening again. In response to US President Donald Trump's announcement of imposing a 54% tariff on China, China also announced a 34% tariff on American products on Friday. The impact of this development was not limited to the US markets, but its effect was also clearly seen in the global commodity markets.

India's vigilant eye

India is keeping a close eye on this entire development. According to a report in The Economic Times, the Indian government is analyzing this situation minutely and officials have made it clear that the country will take any decision in this matter after careful consideration. For India, this trade war is like a double-edged sword - on one hand a warning bell, on the other a door of possibilities.

Experts believe that if China cannot enter the US market, it may try to dump its products in emerging markets like India. This situation can pose a serious challenge for Indian industries, especially small and medium enterprises (SMEs). This is why the government is already preparing to take strict measures to prevent dumping.

Opportunity hidden in challenge

While on the one hand this trade war can lead to global instability, on the other hand it can also be a strategic opportunity for India. Experts say that if the US and China boycott each other's products, India can increase its presence in both those markets.

Indian companies can increase their business in the US market, and the goods which America used to import from China earlier, 'Made in India' products can now make their place there. In this direction, India will have to adopt a dual policy - on the one hand it should take advantage of trade opportunities, while on the other hand it should avoid standing clearly with any side.

India's strategy: Self-reliance and protection

The intention of the Indian government is clear - to move towards self-reliance while protecting the country's economy from any external pressure. For this, the government is considering strengthening the manufacturing sector, promoting domestic industries and changing the import policy as needed.

According to government officials, if China tries to dump its products in India, India can immediately implement strict anti-dumping rules. Along with this, campaigns like 'Make in India' and 'Vocal for Local' can be further intensified so that the country's demand can be met through domestic production.